Apr. 09, 2021
Hello, I am a single retail investor and would like to express my views regarding new proposed rule SR-NSCC-2021-801. I believe this rule, if enacted, is a step in the right direction toward accountability for those who engage in the short selling/stock borrowing. 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 progress. I would like to see this rule passed and implemented immediately. Furthermore, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration, Sincerely, Dan Rogers