Aug. 01, 2022
August 1, 2022 Hello, As an investor, citizen, American, I am concerned about the proposed rule changes in SR-OCC-2022-803. How does it make sense to give the OCC more liquidity when the risk affects hard working, honest Americans' pension funds and there is good reason to believe the money will not be returned? Why would it make sense to give the OCC more leniency by removing the cap to the Non-bank liquidity facility program when those controls are in place for our protection? I think it would be irresponsible and negligent for the SEC to allow this to get passed. If this causes everyday Americans' pension funds to be drained and the taxpayers end up picking up the bill, it won't be because the SEC wasn't notified or aware of this likely risk. Thank you for your attention, CC