Apr. 09, 2021
To whom it may concern, I am an individual retail investor, and I would like to express my opinion on the proposed rule SR-NSCC-2021-801. This rule is a step in the right direction to holding those accountable who abuse the short selling/stock borrowing program. I believe it is time to update the current RegSHO closeout requirements. Further, I believe the update to the SLD process from monthly to daily settlement is also very good progress. I believe it is imperative that this ruling is passed and implemented immediately, as in my opinion it would go a long way to prevent the extreme volatility we have seen in recent months. To those that don't comply with, or circumvent this rule I believe stronger penalties are in order. Yours sincerely, Greg Humphreys