Apr. 09, 2021
Dear SEC, As an individual retail investor I support the implementation of the newly 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 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. Furthermore I would like to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Philipp Karbach