Apr. 09, 2021
Hello I am an individual retail investor and I would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801 I genuinely believe this rule that -if enacted- is a step in the right direction towards accountability for those who engage in the short/stock borrowing program. It is time for an update for 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 immidiately 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 and consideration of this matter. Sincerely, Michael Buan Sent from ProtonMail mobile