Subject: SR-OCC-2024-001
From: vetvec
Affiliation:

Feb. 4, 2024

Hey, 


I oppose the proposed rule change, SR-OCC-2024-001. 


Clearing member margins need to match the amount they have at risk, particularly during volatile periods. 



Those calculations/amounts need to be public. 


Cleared funds need to be posted. 


Auto-liquidate members when their cleared funds are insufficient, within the smallest fraction of time for algorithmic trading. 


Peace, Anon