Apr. 09, 2021
Dear Sir or Madam, I am a German individual retail investor and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I really believe this rule is an important step into the right dircetion towards accountability for those who engange in short selling / stock borrowing program. It is time for an update to the current RegSHO closeout requirments and I believe that this SLD change in process to monthly to daily settlements is progress and needs to be enforced to make the usa stock market trustable. I would like to see this rule passed and implemented as soon as possbile if not immediatly. I would also like to see stronger penalties in best case % penalties instead of fixed $ for non compilance ans violation against this rule. Thank you for your time and consideration in this matter. Sincerly, Ott