Apr. 09, 2021
I am new to being a retail investor and would like to say my opinion about the new proposed rule SR-NSCC-2021-801. I believe the rule will help with placing accountability on those that short selling and borrow stock. RegSHO closeout requirements can use an update and I believe that this change from monthly to daily settlement is a smart thing to do. I would like to see this rule passed. I also think stronger penalties enacted for violation of this rule would really curb against those who would violate the rule. Thank you for your time and consideration Sincerely, Cody Cameron