Apr. 09, 2021
To whom it may concern, Thank you for accepting this email in support of File No. SR-NSCC-2021-801. I am an individual retail investor and would like to submit my opinion regarding this new proposed rule. I believe this rule, if enacted, is a positive step in the right direction towards accountability for institutions/individuals who engage in the short-selling/stock borrowing program. It is absolutely 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 progress. I would like to see this rule passed and implemented immediately. Lastly, I believe it is not only appropriate and necessary but crucial that there is stronger penalties enacted (and enforced) for non-compliance and violation of this rule. Thank you for your time, consideration and efforts in this matter. Sincerely, Josh Berg