Apr. 09, 2021
Dearest SEC, Thank you so much for asking the retail trader for their input. I am an individual retail investor that has holds stock that are affected by current events like $GME, $NAKD, $AMC, $NOK, $BB and would like to express my 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. Thank you for your time & consideration in this matter. It's relieving to see some action done against current egregious acts of bad faith against the vulnerable retail trader. I sincerely appreciate your action in stepping in and creating a more just system for this and future generations. Sincerely, Rogelio Carranza