Aug. 11, 2022
August 11, 2022 Pertaining to OCC-2022-803 I believe that this is another way to utilize average citizens money against their own interests. \"providing liquidity\" to stave off systemic risks has become straight theft over the years and this collateral shuffle is only making it worse. Using public funds to to balance out bad bets by Wallstreet is not just unethical, but a continued systemic risk to our economy. Specifically having no oversight on amounts or time frames is troubling. So if my firm get margin called it's over. If a large investment firm does it, they can use the pension money of the very people it is trying to Short out of existence to survive another day? And you will protect member banks over company issuer's and the general public at the OCC's boards discretion? There needs to be an overhaul... This system is broken.