Subject: SR-OCC-2024-001 34-99393
From: Hugo Hernandez
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. Thank you.

Sincerely, Concerned Investor.