Aug. 10, 2022
August 10, 2022 I am a so-called retail investor and I am fully aware of this OCC filing SR-OCC-2022-803. As a foreigner investor I acknowledge this filing as harmful for the majority of the participants. Risks to the OCC should be managed by the OCC itself and its Clearing Members, neither the public nor taxpayers should pay for bank losses, this shouldn't even be considered. The SEC has a moral obligation to deny SR-OCC-2022-803 in its entirety, failure to do so will create a larger bubble to pop when the next market correction. This filings just allow for the can to be kicked down the road for longer thus creating a bigger problem in the long run. This filing MUST be denied.