Subject: NSCC-2021-801 Comment
From: Ben Wingard
Affiliation:

Apr. 09, 2021

 

I am an individual investor and would like to express my opinion regarding the proposed rule SR-NSCC-2021-801.


If enacted, I believe this rule will increase accountability for those who engage in short-selling. It is time for an update to the current RegSHO closeout requirements and I believe SLD change in process from Monthly to Daily settlement will help improve transparency and curtail abuse.


I would like to see this rule passed and implemented immediately, and see stronger penalties enacted for non-compliance and violations of this rule.


Thank you for your time.


Sincerely,
Ben Wingard