Subject: SR-NSCC-2021-801
From: Johnathan Hall
Affiliation:

Apr. 09, 2021

 

To whom it may concern,


I am an individual retail investor and am writing this email concerning proposed rule SR-NSCC-2021-801.


This rule, if approved, I believe, is taking steps in the right direction concerning the short selling and stock borrowing programs. To go from keeping them accountable on a monthly basis to a daily basis will be a huge benefit to investors and the stock market in general.


This rule should be passed and implemented IMMEDIATELY.


I would also like to see stronger penalties enacted for non compliance and violation of this rule, rather than a slap on the wrist and told not to do it again. They should be held responsible and accountable for their actions.


Thank you for your time & consideration in this matter.


Sincerely,


John Hall