Aug. 10, 2022
August 10, 2022 I am strongly recommending that SEC reject this SR-OCC-2022-803, Notice of Filing of Advance Notice Related to an Expansion of The Options Clearing Corporation's Non-Bank Liquidity Facility Program as Part of Its Overall Liquidity Plan. The OCC should be managing its own liquidity through regulating members using its services. If margin requirements are not sufficient for this purposes then they should be raised rather than seeking funding elsewhere. This filing is intended purely to shift the risk side of risky bets from Wall Street onto the general public by draining pensions of people completely uninvolved, thus encouraging highly risky behaviour. Please do not allow our markets to become more manipulatable by financial institutions than they already are.