Jan. 21, 2024
As a household investor I do not support SR-OCC-2024-001 which increases more systemic risk on the market. By relaxing margin requirements and not allowing margn calls this rule will encourage bad bets to get even bigger and pose a systemic risk to the market and destabilize it. The FRM Officer seems to have an inherent conflict of interest--they want to protect OCC and its interest over the wider risk to the overall market these bad bets represent. This is a loop hole to rig the market in favor of institutional bad bets.