Apr. 09, 2021
I am a retail investor and would like to express my thoughts regarding the proposed rule SR-NSCC-2021-801. I believe this rule, if enacted, is a correct step towards accountability for those who engage in the short selling and/or stock borrowing program. 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 that is highly needed. 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, Dan Vandergrift Sent from my iPhone