Apr. 09, 2021
To whom it may concern, I am a retail investor and US service member stationed overseas and an individual retail investor. I would like to express 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 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 in the right direction. I would like to see this rule passed and implemented immediately. Lastly, moving forward, I would like to see stronger penalties implemented for non-compliance with or violations of this and similar rules. Thank you for your time and consideration in this matter. Respectfully, Connor Eulberg