Subject: SR-OCC-2024-001 34-99393
From: Earle Watson
Affiliation:

Feb. 14, 2024

Good day to all reading this. I was deeply concerned upon hearing about the “Proposed Rule Change by The Options Clearing Corporation Concerning Its Process for Adjusting Certain Parameters in Its Proprietary System for Calculating Margin" and felt compelled to write in and express my disapproval. I already experienced a buy button removal in 2021 and now to me this is an attempt at a forever can kick. How come current rules aren't enforced in really any sector of government and they keep being tailored to bad actors who for decades have received pennies on the dollar fines? We have laws on securing our borders yet the president wants to sue Texas for doing just that... following the written laws. The laws for margin have been set in place but now because these bigger entities who have made millions in political donations in order for politicians to turn a blind eye to their recklessness and bad bets are wanting more unfair advantages over retail and foreign investors. The world has woken up to just how crooked and rigged the U.S markets are and India and South Korea are setting themselves up to be the new investment trust havens. T+0 is easily achievable in this era with block chain and the data speeds available but the U.S caters to the bankers and corporations who constantly lie, cheat and steal. There are plenty of fines and court cases for me to factually make that last statement. The U.S no longer has the moral compass of honor and integrity that it once had and the whole world is watching the decisions the Sec is making. 



Continuing to get back to the facts of this proposal, 












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