May 12, 2024
Dear SEC, I agree with the rejection of SR-OCC-2024-001 - and support the reasons for the dismissal as outlined on pages 4-5 of the Federal Register. Any and all future attempts to change margin requirements during times of high volatility in the options markets must be summarily discarded as undermining current financial fiduciary responsibilities as written. Thank you for upholding the integrity of our financial markets, and safeguarding OCC's interests, at-risk Clearing Members and counterparties on the other side of those short sell transactions . “Idiosyncratic risks” really are only manufactured or created by outsized individual (or systemic) influence Wall Street financial parties, not household investors. Sincerely, A dedicated household investor. Kenneth W. Wilson 6630 Bridge Stream Rd Cumming, GA. 30028 QUAKER HOUGHTON DISCLAIMER: This message is intended only for the use of the individual or entity to which it is directed and may contain information that is privileged, confidential and exempt from disclosure under applicable law. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify the sender immediately by reply e-mail and delete the message and any attachments.