NSCC does not believe that the proposed rule change will have any impact, or impose any burden on competition due to the dramatic reduction in use of the Stock Borrow Program by NSCC Members, as described above.
Anyone else care to comment, if I am not understanding this? This is taken from the proposed rule stating shorting selling will continue just not for the members of NSCC because no one uses the "Stock Borrow Program" any more.
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