Apr. 09, 2021
Greetings i would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I am in full support of this regulation - if enacted- is a step in the right direction towards accountability and a free and fair market for everyone including for those who engage in the short selling/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. I think a lot more needs to be done but this is a step in the right direction. I'm from Sweden and if regulations like this aren't implemented I don't see a future in investing in American stocks. I would like to see this rule passed as soon as possible 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 taking your time reading this. Sincerely, Henrik