Feb. 7, 2024
Thank you for the opportunity to comment on proposal SR-OCC-2024-001 34-99393. To be quite honest, I can’t even believe we are getting to the point in this country where this type of protection for bad bets would even be considered. I STRONGLY OPPOSE this proposal, and feel that it just takes us even closer to what I call socialism for the 1%. Why on earth should short sellers have even more protection? Why shouldn’t they be held accountable for being over leveraged? The idea of “too big to fail” is not only the opposite of capitalism, it puts us retail investors at a severe disadvantage, when already have the deck stacked against us for several reasons. I trust that common sense will prevail here, and that we can continue to work to move forward on proposals that actually make a more even playing field for all investors. Thank you, Joe Cartwright