Feb. 7, 2024
Hello, As a retail investor, I am in opposition to this proposal. From what I understand, this proposal is reducing margin requirements when there's high volatility so that Clearing Members won't default. It's not right to modify margin requirement calculations to be more favorable to entities at risk during "higher volatility" scenarios or applying these to individual securities. Idiosyncratic control settings for individual securities do not create a fair market for retail investors and are an advantage to the clearing members. I hope that the message finds you well and you are listening to the retail investors concerns in this proposed rule. Thank you, Ben Rogers