May 14, 2024
As an active observer and participant in the financial markets. I think it is abhorrent and antithetical to your mission statement of "protecting investors, maintaining fair, orderly and efficient markets; and facilitating capital formation" when you've turned a blind eye to these SRO's like the OCC playing fast and loose with their fiduciary duties. The OCC needs to make the short sellers pay the longs when they are wrong on their bets. FULL STOP. There is NO excuse. You MUST uphold the rejection of this attempt of their membership's refusal to pay up for their bad bets and wanton behavior. We can all see that since 'too big to fail' became a common notion that your organization has capitulated to oligarchs far too many times. Please don't let this be another time. I beseech you as a concerned citizen and market participant to do your best to fulfill your mission statement and UPHOLD THE REJECTION of the OCC proposal in the title line. Thank you, Dmitry Ostrovsky, MD Psychiatrist 477 Madison Ave, Fl 6 New York City NY 10022 929-552-4112 (fax) 929-299-1589 www.ostrovskymd.com