Apr. 09, 2021
I am a retail investor and would like to express my opinion regarding the 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 short selling/ stock borrowing to a degree that is irresponsible for the overall long term stability and fairness of the stock market. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from daily to monthly is much needed progress. I would like to see this rule passed and implemented as soon as possible, as well as stronger penalties enacted for the non compliance and violation of this rule. Thank for your time and consideration of this matter. Sincerely, Joss Taylor