Subject: SR-OCC-2022-803
From: Tim Windy
Affiliation:

Aug. 03, 2022

 

To whom it may concern, 


I’m writing to request that you, with the utmost prejudice, deny vehemently the Options Clearing Corporation’s request to expand their “Non-Bank Liquidity Facility Program,” i.e. permitting them additional license to raid funds from institutional investors such as pension funds and insurance companies to cover their and their Clearing Members own negligent performances. 


The American people, the vast majority of whom are blissfully ignorant of the depraved machinations of the financial instutions that de facto control the US government, should not be forced to foot the bill, again, as they have during every financial crisis that has occurred since the deregulation of the banks began under Reagan in the 80s. The irony that I’m submitting this request to the SEC, an organization that has done effectively nothing in the past 40-odd years to protect retail investors and regularly trades employees with the enormous financial institutions you’re meant to regulate, is not lost on me. 


I haven’t enough curses for the lot of you: Just do the right [redacted] thing and protect the people. And when 2008 happens again—which it very well may already be (seeing as Powell et al. have arbitrarily redefined what a recession is)—swallow your pride, embrace in your hearts and souls your much-deserved, nigh-unconquerable shame, and put some of your colleagues in prison for the rest of their lives. God knows you ought not put pests in charge of pest control but, if you insects really put your backs into it, if you really tried to be better than the puny do-nothing enablers you are, whatever roaches you manage to lock up will have more than earned it. 


Pop Quiz: How many went to jail for 2008? 
Answer: Go [redacted] yourselves. 


Sincerely, 
Tim Windy