Apr. 09, 2021
I am an individual 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 enacted for non compliance and violation of this rule. Thank you for your time and consideration in this matter. Sincerely Ryan McLaughlin.