Apr. 09, 2021
I am an individual retail investor in U.S. stocks (from Europe) and would like to express my opinion regarding the new proposed rule SR-NSCC-2021-801. I believe enacting this ruling would be a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. An update to the current RegSHO closeout requirements is long overdue. 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, Louise Jaitly