Apr. 09, 2021
Hello, I'm an individual retail investor and would like to express my opinion regarding new proposed rule SR-NSCC-2021-801. I believe this rule, if enacted, is a step in the right direction toward accountability for those who engage in the short selling & stock borrowing program. It's time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement represents 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 noncompliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Jeremy Tosch