Apr. 09, 2021
To the Securities and Exchange Commission, As a retail investor, I believe I speak in our behalf when I say that many events in the last few months have brought our attention to the big players of Wall Street. It is clear that a lot of uncertainty has risen from these events and I think that this new rule is a very good step in the direction of a true and fair market for all. It is important in my opinion that the bad entities within the market be held accountable for their actions. SR-NSCC-2021-801 would be very important for liquidity puposes in the case of a default from a member, and would perhaps help the NSCC evaluate a lot faster the potential risks of a defaulting member. It would also most likely alleviate or prevent a systemic risk to the entire market and Economy. I Believe that the January events with $GME and other stocks are a proof that there is some work to do for accountability and transparency within the US stock market. I sincerely hope you see this rule as favorably as I do for a better market, Sincerely, Thomas Grenier, retail investor