Apr. 09, 2021
To whom it concerns, I’m a retail investor representing myself and I have some thoughts in regards to proposed rule SR-NSCC-2021-801. This rule -if enacted- represents a step in the right direction towards accountability for those who engage in the (short selling) stock borrowing program. I believe it is time for an update to the current Regulation SHO closeout requirements and I have assurance that this change in process from a monthly to a daily settlement is progress towards said goal of accountability. -Furthermore on this ruling- I push for consideration of stronger penalties (whether punitive or barring ) when non compliance and violation of this rule occurs. Please see that this rule passed and effective immediately. I sincerely appreciate your consideration of this matter. Regards, -Christopher D.W