Apr. 09, 2021
Good Day, I am an individual retail investor and would like to express my opinion regarding the new proposed rule SR-NSCC-2021-801. I feel that this rule needs to be implemented and utilized. It is a step in the right direction towards accountability for those who have manipulated the borrow / short programs. The SLD change from Monthly to Daily settlement, is a good change in process. I would also like to see stronger punishments / penalties for non-compliance and manipulation of the stock market. The investors shouldn't have the feeling of a manipulated market or being helpless when investing their own money into the stock market. Thank you for your time and consideration. Regards, Perry Powell