Apr. 09, 2021
I am an individual retail investor who would like to spread my opinion regarding the new proposed rule SR-NSCC-2021-801. I believe this rule -if enacted- is 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 in progress. I would like to see this rule passed and implemented immediately. Lastly on the ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thankyou for your time and consideration in this matter. Sincerely, Retail investors