April 9, 2021
I am an individual retail investor and would like to express my support in regard to this new proposed rule SR-NSCC-2021-801.
I believe this rule is a righteous step towards the 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 much needed in 21st Century.
I would like to see this rule passed and implemented immediately.
Lastly, on this ruling, I would like to see maximum penalty for non-compliance and violation of this rule.
Thank you for your time on this matter.
Sincerely,
C from United Kingdom