Subject: SR-OCC-2024-001 34-99393
From: Russell Radwanski
Affiliation:

Feb. 7, 2024

To Whom It May Concern:

Fundamentally, these rules create an unfair marketplace for other market participants, including retail investors, who are forced to face the consequences of long-tail risks while the OCC repeatedly waives margin calls for Clearing Members by repeatedly reducing their margin requirements.  For this reason, this rule proposal should be rejected and Clearing Members should be subject to strictly defined margin requirements as other investors are. Why don't you do what's right for a change.

Sincerely, Concerned Investor