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Create 2021-05-04-SEC-has-No-Objections-to-NSCC-801.md
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Regulations/2021-05-04-SEC-has-No-Objections-to-NSCC-801.md
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SEC has no objections to NSCC-801!
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==================================
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| Author | Source |
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| :-------------: |:-------------:|
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| [u/bavetta](https://www.reddit.com/user/bavetta/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/n51u5d/sec_has_no_objections_to_nscc801/) |
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---
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[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1)
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<https://www.sec.gov/rules/sro/nscc-an.htm#SR-NSCC-2021-801>
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We now need NSCC-002 to be approved for the changes to be implemented. The deadline is for an SEC response to NSCC-002 is 5/8, but effectively 5/7 because of the weekend.
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Here's my post with the complete timeline:
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<https://www.reddit.com/r/Superstonk/comments/n445l7/timelines_for_nscc801_and_nscc002_approvals/>
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Edit: It is worth reading Section III of the [SEC statement](https://www.sec.gov/rules/sro/nscc-an/2021/34-91770.pdf). The SEC supports the change on many levels, which is good news for NSCC-002.
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