Apr. 09, 2021
Hello, I am a retail investor and am writing to share my thoughts on proposed rule SR-NSCC-2021-801. This rule will ensure accountability for those engaged in short selling which is solely needed to ensure trust in the American market. 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 would like to see this rule passed and implemented immediately. I would also like to see stronger penalties and a focus on compliance from the SEC moving forward. Thank you for your consideration. Sincerely, Nicholas Pope