Apr. 09, 2021
I am an individual retail investor in the ticker GME and would like to express my personal opinion regarding this new proposed rule SR-NSCC-2021-801. I believe this rule - if enacted- is a step in the right direction towards accountability for those who engage in the short-selling/stock borrowing program. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement is progress. I would like to see this rule passed and implemented immediately. Lastly, on this ruling, I would like to see stronger penalties enacted for non-compliance and violation of this rule and other rulings. Thus far the SEC has failed to act responsibly in this manner and at this point those who violate the laws consider any leveraged fines as simply the cost of doing business. This is unhealthy for the integrity of both our market and our nation. Thank you for your time & consideration in this matter.