Apr. 09, 2021
As an individual retail investor, I would like to express my opinion regarding proposed rule SR-NSCC-2021-801. This rule - if enacted- is a step in the right direction towards accountability among those engaging in short selling/stock borrowing programs. It is time to update the current RegSHO closeout requirements and I am to understand that this SLD change in process from Monthly to Daily settlement is progress. This rule should be passed and implemented immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Aaron J. Hicks Chandler, AZ