Apr. 09, 2021
Good morning, I believe enacting and enforcing rule SR-NSCC-2021-801 is important an important piece of market transparency for those who engage in the short-selling/stock borrowing program. With the increase in technology and ability to move large volumes in a short period of time it is necessary for an update to the current RegSHO closeout requirements and a change from monthly to daily settlement is needed. I would like to see this rule passed, implemented, and enforced immediately along with penalties that would make it disadvantageous to violate and or be out of compliance from. Thank you Scott Barta