Subject: SR-OCC-2024-001 34-99393
From: Brad Adey
Affiliation:

Feb. 5, 2024

Dear Securities Exchange Commission,

I am writing to express my concerns regarding the proposed rule change noted in the subject line. I completely disagree with the idea of changing the calculations for parameters for margin requirements during periods of high volatility.

As a long-term investor and someone that cares deeply about the necessity for fair and free markets, I think this sets a dangerous precedent for manipulating the rules of the game. The proposed rule change is not something that should be allowed if we are going to continue operating in a free and fair market.

I appreciate you taking the time to read this and please  understand that I would like to invest my money in the market. However if a rule like this passes, I will have to reconsider my options, and I will pull all of my investments out of a fraudulent market.

With gratitude,

Brad Adey



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