Feb. 12, 2024
Hi, I hope this email finds you well. I am a concerned participant in the US financial markets and a supporter of transparent, competitive, and simple market practices. I am writing to express my firm opposition to the proposed rule SR-OCC-2024-001. The OCC's proposed process for making adjustments during high volatility periods lacks any transparency that is anti-competitive and unneccessarily complex. Instead, the OCC should be strengthening and enforcing margin requirements with an external auditor that's 100% transparent. Best, Dr. Brandon Smith Retail Investor