Subject: Comments on SR-OCC-2024-001 34-100009
From: Brian Smith
Affiliation:

May 9, 2024

Dear SEC, 


I am completely and entirely opposed to these rule adjustments. Margins being able to be adjusted at will is a financial and moral hazard for the United States and the world economies. The risk of default is important and essential to insure bad actors are held accountable and don't offload risk onto undue parties. Moreover these changes lack transparency on how they'll be conducted which only furthers the hazard involved and make it more curious if there's something to hide or attempt to offload unjustly. I oppose these changes entirely. 


Sincerely, 
A concerned investor