Apr. 09, 2021
I'm an individual retail investor and want to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I believe - if enacted- this rule is a step in the right direction towards accountability 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 want this rule passed and implemented immediately. Lastly on this ruling, I want to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Riley Toner