Subject: Fwd: SR-OCC-2024-00134-99393 Proposal
From: Lawson Benefield
Affiliation:

Feb. 8, 2024

Get Outlook for iOS 

From: Lawson Benefield <Lawson@thomasrestorationgroup.com> 
Sent: Wednesday, February 7, 2024 2:07 PM 
To: rule-comments@sec.gov <rule-comments@sec.gov> 
Subject: SR-OCC-2024-00134-99393 Proposal 


Dear( OCC/SEC Representative), 


I am writing to express my concerns in opposition to SR -OCC- 2024- 00134-99393 particularly pertaining to short hedge funds and other institutions. While I acknowledge the importance of capital requirements in maintaining financial stability, I FIRMLY believe that the margin requirements as outlawed in the current proposal, is NOT sufficiently robust, especially for entities, engaging in short selling activities. 


We the people, respectfully ask you to reject this SR-OCC-2024-00134-99393 proposal and simply not allow the " goal post to be moved in the middle of the game" and hold entities accountable for their reckless actions. For it is we the people who get damaged beyond repair and meanwhile, reckless actions by irresponsible entities continue to take place..... These reckless acts will continue to take place unless the people in office, sworn to uphold the law and protect retail investors take a stand. 


Thank you for your time. I appreciate the OCC's dedication to ensuring the safety of their fellow brothers and sisters. Me, along with tens of thousands retail investors will be reaching out to our state legislators, congressman and senators as well.. pleading for them to simply not allow these reckless entities to continue their ways. For it is in your hands....We the people STRONGLY OPPOSE SR-OCC-2024-00134-99393 proposal. 


Sincerely, 
An extremely concerned retail investor 
(Lawson Benefield) 









Get Outlook for iOS