April 9, 2021
Hello,
I strongly support SR-NSCC-2021-801. More transparency and granularity is needed when it comes to high-risk short positions held by high-capital trading firms. These firms appear (because we do not have access to real-time data, like what SR-NSCC-2021-801 could enforce) to have the ability to short shares in numbers well beyond the available shares outstanding, with no intention of covering, and/or taking the current 30 days to obfuscate the audit trail when there is a failure to deliver.
Please pass SR-NSCC-2021-801 and require firms that take extremely high-risk behavior report their positions daily.
Thank you,
JA