Apr. 09, 2021
Heya, I'm an individual retail investor living in New Zealand and I would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I do believe, *if enacted* this rule is definitely a step in the right direction towards accountability for those who engage in short selling/stock borrowing program. It's about 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 also like to see this rule passed and put into effect immediately. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thanks alot for your time and consideration on this matter. Sincerely, Erik B