Apr. 09, 2021
To whom it may concern, I am an individual retail investor seeking to express my opinion on the recently proposed rule SR-NSCC-2021-801. I believe this rule is a critical step in holding those who engage in the short selling/stock borrowing program accountable for their 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. I would like to see this rule passed and implemented immediately, with stronger penalties enacted for non compliance and violation of this rule. This is such an important piece in maintaining global retail investors’ faith in U.S. markets, I truly hope the appropriate measures are taken against bad actors abusing the current rules. Thank you for your time & consideration in this matter. Sincerely, Alejandro Vazquez