Apr. 09, 2021
Good morning, As an individual retail investor I would like to express my opinion regarding the new proposed rule SR-NSCC-2021-801. If enacted, I believe this rule is a step towards progress in 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 positive change. 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. Thank you for your time & consideration in this matter. Sincerely, Raymond S. Collazo