Subject: File No. SR-NSCC-2021-801
From: N/A N/A
Affiliation:

Apr. 09, 2021


Dear Sir/Madam,
 
As an individual retail investor I would like to thank you for your service to fight ongoing malicious activity in the stock market.
I approve especially of this rule, which is crucial to making market participants who use shorting as a way to create counterfeit assets accountable for their illegal actions.
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.
Market transparency plays a huge role in trading not only for organisations like yours, but also for individual investors.
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 & consideration in this matter.
Sincerely,
Kris A