May 5, 2024
I am concerned by the OCC's proposed rule change that would seemingly allow them to decrease margin requirements at a whim. Decreasing margin requirements further incentives risky bets within a system that is already highly leveraged. I believe this rule change would increase systemic risks. I am also gravely concerned that selectively decreases margin requirements to bail out bad bets could have the potential to influence equity price action in a manner that is antithetical to a free and fair market. Thank you for considering this public comment.