Apr. 09, 2021
To whom it may concern, Subject: On the deliberation of rule SR-NSCC-2021-801 I would like to record my support for the NSCC to - assess the risk of members on a daily basis - demand a higher Secondary Liquidity Deposit (SLD) on a daily basis if a member risks defaulting It is a necessary rule for oversight on the risk level taken on by members unilaterally. I also support optionality for the DTCC to liquidate a member’s positions if those positions jeopardize the NSCC’s ability to complete that day’s trades. I also support the reduced time for members reporting in. Thank you, Sriram Chandrasekhar