Apr. 09, 2021
Hello, I am a retail investor and would like to let my opinion regarding this proposed rule SR-NSCC-2021-801 known. I believe this rule is a crucial step towards accountability for those who engage in the short selling/stock borrowing program. It is time to update the current RegSHO closeout requirements and this SLD change in process from Monthly to Daily settlement is progress. I would like to see this rule passed and implemented immediately without delay. Finally, I would like to see more severe penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration. May you stay safe in these trying times. Sincerely, Brian Padilla