Apr. 09, 2021
To whom this may concern, I am an individual investor from Europe and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. Accountability for those who engage in short selling and stock borrowing is desperately needed and for that, I believe, rule SR-NSCC-2021-801 is one step towards the right direction. 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 advantageous. I would like to see this rule passed and implemented soon. Lastly on this ruling, I want to propose harsher penalties enacted for non compliance and violation of this rule (best case would be appropriate penalties on all rulings). Thank you for your time and consideration in this matter. Sincerely, Felix Gross