May 7, 2024
Dear Sir or Madam, I keep this brief, I SUPPORT the SEC's grounds for disapproval under consideration as I have several concerns about the OCC rule proposal, do not support its approval, and appreciate the opportunity to contribute to the rulemaking process to ensure all investors are protected in a fair, orderly, and efficient market. As stated in previous comments i am concerned about the lack of transparency and equal access to the markets for all participants as well as equal rules. Why parts of this proposal are redacted (e.g Page 259) is not clear. as such i cannot fully understand the proposal, its implications and my ability to comment is limited. What i get from the proposal though, is that it intends to lower the margin requirements for certain market participants in special situations - idisyncratic scenarious control settings for example. Inline with my previous aim for fair and level environment for all participants i fully object this proposal: Including, but not limited to this example of further creation of special treatments for special participants which continue to aim at disassotiating the markets implementation from its supposed reality. What happens next? waving margin requirements again like ...2021 .. every situation will ultimately be idiosyncratic if we do not chose the tool (margin) to prevent idiosyncratic situations from occuring in the first place. Sincerely, D. Terbeek Germany - Household investor