Subject: SR-OCC-2024-00134-99393
From: SCOTT LOMA
Affiliation:

Feb. 9, 2024

I vote no to this rule proposal. 
This will only add risk in the long term. 
This would encourage hedge funds to make as many bad bets as the want. 
Instead of this rule, updating margin requirements to deposit more collateral. 
The added collateral would reduce the expected 99% short fall stated in your documents. 
This is nonsense and would rob all retail investors