Subject: SR-OCC-2021-801
From: Kevin Santiago
Affiliation:

Apr. 09, 2021

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I am an individual retail investor and would like to express my opinion regarding this 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 to 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 put in for non compliance and violation of this rule. Thanks for your time. Kevin Santiago