Apr. 09, 2021
To whom it may concern: I'm an individual retail investor and would like to express my opinion regarding this new proposed rule, SR-NSCC-2021-801. I believe this rule, if passed, is a step in the right direction towards accountability for those who engage in the short selling/stock borrowing programs. It's time for an update to the current RegSHO closeout requirements and I believe the SLD change in process from monthly to daily settlement is progress. Passage and immediate implementation of this rule is in great need and will help bring true freedom and fairness to the U.S. markets. This regulation is a significant step toward a positive change that benefits both the retail sector and those entities who wish to reap the rewards of a robust and healthy economic environment within a reasonable and secure rule of law. Thank you for your time and consideration.