Apr. 09, 2021
To whom it may concern, I am an individual retail investor who has been invested in US markets for ten years and would like to express my opinion regarding the 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 on 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 immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non-compliance and violation of this rule. Unless it disincentives them from breaking the law, they will continue to break the law year after year. Thank you for your time and consideration in this matter. Regards, Bruno Bruzzo