Subject: SR-NSCC-2021-801 Feedback
From: Lucas Watts
Affiliation:

Apr. 09, 2021

 




Dear Sir or Madam,
I agree with the new transparency approaches of this rule and think it would have to be applied as soon as possible (to have public control about dark-pool trades, naked shorting, Fails To Deliver and other usual practices which, thanks to their abuse, members of the DTCC so widely use to manipulate the price of stocks).
I also agree and look forward for the NSCC assessing the risk of members in a daily basis, it's possibility to demand higher SLD daily, and for the DTCC having allowance to liquidate member's positions if they jeopardize the NSCC's ability to complete the day's trades.

Thanks a lot, I wish this necessary rule is applied as soon as possible. 


Lucas Watts 
Watts Capital