Apr. 09, 2021
Hello and good morning, I as retail investor and buyer would like for you to see my opinion regarding this new proposed rule SR-NSCC-2021-801. I surly believe in this rule, when enacted this rule would be a step in the right direction! Those who partake in short selling/stock borrowing program must take accountability. We need time to improve and update the current RegSHO closeout requirements. I strongly believe that the SLD change in process from Monthly to Daily settlement is progress. I would like to see this rule passed immediately. Penalties must be enacted for non compliance and violation of this rule. One must take accountability and it should not be settled on the consumers shoulders. Thank you for your time and listening to our concerns. Best, Zachary.