Apr. 09, 2021
I am an individual retail investor, shareholder of GameStop shares and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I believe this rule would be a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement is progress. I would like to see this rule passed and implemented immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Ideally, the fine would be equal or higher than the amount gained by engaging in this conduct. Thank you for your time & consideration in this matter. Regards, M. Vidal