Subject: SR-OCC-2024-001
From: Jimit Raithatha
Affiliation:

Jan. 24, 2024

There is a substantial amount of redacted information in this ruling, which prevents investors from making informed decisions. 

I do not support this rule. Idiosyncratic control settings go against the values of the free market. Instead, the OCC needs to enhance margin collection procedures so there is never a margin shortfall. Also, OCC needs to add mandatory buy-ins to their rulebook. 


Please help stop this ruling which enables more and more fraudulent behavior and reneging of settlement obligations.