Subject: SR-NSCC-2021-801
From: Brandauer Chen
Affiliation:

Apr. 09, 2021

 


Hello,
I believe that the decision to recalculate and rebalance SLD on a daily basis is in the best interest of our markets and the stability of the underlying Infrastructure.
We've seen time and time again that Wall St has a propensity for high stakes investments in order to return high yields for their clients, from which they profit enormously.
This cycle of pushing the limits of reasonable risk and then getting bailed out must be mitigated. The DTCC is in a unique position to do so.


Best Regards,
Brandauer