Subject: File No. SR-NSCC-2021-801
From: JOSE MANUEL SANCHEZ
Affiliation: AUDIT

April 9, 2021

I am in full support of this regulation and the transparency and stability it will afford the members participating in the DTCC.

While a considerable amount needs to be changed going forward in order to bring true freedom and accountability to the U.S. markets, I believe this regulation is a significant step toward a positive change that benefits both the retail sector and those entities who wish to reap the rewards of a robust and healthy economic environment within a reasonable and secure rule of law.

In addition, it should be informed about when it was acquired, who and how much.
This mechanism provides transparency to the market and to all investors that operate in it, not only to large hedge funds.

Thank you.