Subject: SR-OCC-2024-001 34-99393
From: Providence Ministries
Affiliation:

Feb. 7, 2024

As a retail invested I urge you to increase and enforce margin requirements commensurate with the risks associated with Clearing Members positions instead of reducing margin requirements. Clearing Members should be encouraged to position their portfolios to account for stressed market conditions and long term risks just as retail investors must. Changing margin requirements now is nothing more than organized theft of retail investors who invested in good faith and trusted that the SEC had our backs. 


Michael Didier 


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