Subject: SR-OCC-2022-803
From: Tyler Ayres
Affiliation:

Aug. 10, 2022

 


Dear people who are supposed to oversee the Free Market of the capital of the Free World, 


Please note that I oppose and recommend the 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. 


Under no circumstances should the OCC have access to pension fund and insurance company money because a Clearing Member is about to default. Those whose pensions are at risk from this Rule had no part in the decisions of the Clearing Members. This is tantamount to massive-scale theft from average Americans who depend on their savings and investments. 


I have written to my State Representative voicing my concern over the lack of transparency of this Rule and will continue to do so.  


Thank you for your time and consideration, 


A Concerned Pension Fund Holder