Apr. 09, 2021
Dear SEC, Individual retail investor from the Artic front of Norway here. When it comes to the new proposed rule SR-NSCC-2021-801, I cannot remain silent. Here is my 2cents. Should this rule be enacted (swiflty) its an important a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. This program enables people with bad intentions to drain our so-called free market.... and so they have been manipulating it for years and years... It is time for an update to the current RegSHO closeout requirements and this SLD change in process from Monthly to Daily settlement is progress. The should be rule passed and implemented immediately. Or there might be revoults as naked shorting has now leaked out to the public, meaning... the jig is up. Lastly on this ruling, strong penalties should be enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Julian