Subject: File No. SR-NSCC-2021-801
From: Andrew J. King

April 9, 2021

As a new player in the Us markets I am strongly in favor of new this new regulation. In such a fragile time globally with the pandemic the last thing we need is an economic disaster and any new regulations that restrict the harmful capacities of big established players is a step in the right direction towards stability.

As the saying goes, the bigger they are, the harder they fall. Therefore we must do what we can to prevent domino effects by holding individuals more accountable for their risky behavior which potentially ends up harming others for their mistakes.

In large and in the future, Id like to see greater punishments to violators of existing rulings to help level the playing field and attract greater participation globally.