Apr. 09, 2021
To whom it may concern, I am an individual retail investor and 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 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 is progress in the right direction. My hope is that this rule is passed and implemented immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule - to the extent that violating parties who are not compliant cannot just pay their way through the violation and move on. Thank you for your time & consideration in this matter. Sincerely, Jah Fah