Apr. 09, 2021
Dear Sir or Madam, As a retail investor, I would like to share with you my opinion on the proposed rule SR-NSCC-2021-801. I believe that a daily recalculation and rebalancing of the SLD would provide more stability to the U.S. market, and thus to the entire world, and would be a positive influence on its infrastructure. Recent years have clearly shown that Wall St. is increasingly making high stakes investments in order to provide their clients with high returns from which they benefit enormously. A reasonable risk management is often disregarded and the corresponding players are rescued by taxpayers' money. This is unsustainable and unacceptable in the long run. DTCC is now in a unique position to change the ongoing cycle. Seizing this opportunity is expected not only by national investors, but also by millions of international investors who are closely following what is happening in the US. Sincerely, M. Garforth