Subject: SR-OCC-2022-001]
From: James Caudill
Affiliation:

Feb. 24, 2022

To whom it may concern, 


It seems this rule would render margin calls almost impossible for over-leveraged institutions. This change does not constitute a fair and free market but rather, reinforces a market where retail has to play strict by rules while institutions bend rules around their needs. The American public rapidly losing faith in its equity markets for good reason.  


Thank you for taking the time to listen to the public's input. 


Cordially, 


James Caudill