Apr. 09, 2021
I am an individual retail investor and believe the new proposed rule SR-NSCC-2021-801 should be passed and implemented immediately. If enacted this rule will allow for more transparency in the market and accountability for those who engage in the short selling/stock borrowing program. The ability of large investors to manipulate stock prices, skirt around the rules and pay minute fines for illegal activity makes for an extremely unfair market. With the rise in popularity of crypto currency and the potential of other stock markets in countries such as China, I believe it would be in the best interest of the SEC to enact change in order to maintain a strong US market that can be trusted. SR-NSCC-2021-801 should be enacted immediately. Sincerely, Graham Baker