Apr. 09, 2021
As an individual retail investor, I would like to express my opinion about the newly proposed rule SR-NSCC-2021-801. This rule - if enacted - is a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. We are in dire need of 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 love to see this rule passed and implemented immediately. Also, I would like to see stronger penalties for non compliance and violation of this rule. Thank you. Joel Weekley