Apr. 09, 2021
Hello, I am an individual retail investor and would like to express my favorable 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 of the market participants 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, I would like to see much stronger penalties enacted for non-compliance and violation of this rule and other under enforced regulations. Thank you for your time & consideration in this matter. Sincerely, Jason Ritter