Subject: SR-OCC-2024-001 34-99393 entitled “Proposed Rule Change by The Options Clearing Corporation Concerning Its Process for Adjusting Certain Parameters in Its Proprietary System for Calculating Margin Requirements During Periods When the Products It Clears and the Markets It Serves Experience High Volatility”.
From: Daniel De Oliveira
Affiliation:

Feb. 9, 2024

Dear SEC, 


I would like to request a formal explanation why such rule is being considered. Naked short sell is an illegal activity that should not be allowed. Why are you trying to pass a rule that would prevent those who have short sold or failure to deliver being margin called? Such rule is not beneficial to retail investor and goes against your mission. 


The U. S. Securities and Exchange Commission (SEC) has a three-part mission: Protect investors. Maintain fair, orderly, and efficient markets. Facilitate capital formation. 



The approval of such rule is against your mission and detrimental to retail iinvestors. 


Sincerely, 


Daniel De Oliveira 




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