As a regular investor, I want to share my views on a proposal called SR-OCC-2024-001, which deals with adjusting margin requirements during high market volatility. I support the SEC's reasons for potentially rejecting this proposal. Here's why: 1. Lack of transparency: The proposal has too many redactions, making it hard for the public to understand and comment on it properly. This alone is a reason to reject it. 2. Systemic risk: The proposal suggests reducing margin requirements for clearing members (like big financial institutions). This could be dangerous because if these members can't cover their losses, it could cause a chain reaction of failures, like a domino effect, in the financial system. 3. Unfair advantages: The proposal seems to favor these big players by letting them off the hook for risky trades too easily. This isn't fair to other investors, like everyday people like you and me, who could suffer if things go wrong. 4. Conflicts of interest: The proposal sets up a situation where the people in charge of risk management might prioritize protecting these big players over safeguarding the whole financial system. This could lead to risky decisions. 5. Lack of oversight: The proposal doesn't seem to have enough checks and balances to ensure that risks are managed properly. This could leave investors vulnerable to big losses. Given these concerns, I believe the proposal should be rejected. Instead, we should: - Enforce stricter margin requirements for clearing members. - Increase transparency and oversight in the financial system. - Ensure that risks are managed properly to protect all investors. Thanks for considering my perspective on this important issue.