Subject: Comments on SR-OCC-2022-012
From: Daniel Lambden
Affiliation:

Feb. 25, 2023

Dear Commissioner Gensler, 


As an individual investor I am AGAINST this proposal. 


Margin requirements are in place to prevent domino cascades of defaults in the case of institution's bets going bad.  


By cutting down margin requirements you are directly destabilising the financial sector which has large knock-on implications for other parts of the economy. 


Regarding the large level of redacted information in this proposal, this should be grounds for dismissal on the basis that anyone wanting to comment on or approve censored proposals is doing so with incomplete information 


I hope this proposal is rejected 


Kind regards, 
Dan 
Individual household investor