Apr. 09, 2021
Hi, I am an individual retail investor and would like to express my opinion regarding the new 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 short selling/stock borrowing program. It is time for an update on the current RegSHO close out requirements and I believe that this SLD in process from monthly to daily settlement is progress. 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 and consideration in this matter. Sincerely, Rhys