Apr. 09, 2021
To Whom It May Concern, I am an individual retail investor who would like to express my opinion regarding this 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 good progress. I would like to see this rule passed and implemented immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violations of this rule. Thank you for your time & consideration on this matter. Sincerely, Tarun Gavva