Subject: Comments on SR-OCC-2024-001 34-99393
From: Jacob Magoulick
Affiliation:

Feb. 5, 2024

I strongly oppose this rule. 
I believe that in a healthy market risky bets shouldn't have special protection, and should be allowed to succeed or fail based on current/previous. 
 This proposal will protect bad actors from bad bets. 

The FRM officer has a conflict of interest. Noone is more important than the stability of our financial markets.
I do not believe SR-OCC-2024-001 34-99393 supports healthy markets, and do not want to see it passed. 

 Jacob Magoulick