Free to Use & Ready-to-Edit Comment Template for SR-OCC-2024-001; An Investor's Writing Guide
SR-OCC-2024-001 Comment Template: Addressing Transparency Concerns, High Risk & Procyclicality, Idiosyncratic Control Settings, Loss Allocation Waterfall, FRM Role, and Proposed Improvements.
โ ๐ข The copy & paste version of this full-length comment structure can be found here: https://pastebin.com/KjhGzwhU
If you wanna check out what other people have commented already - why not check out the SEC site here.
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Here's a prompt to help you get started:
Write a formal letter using this extracted copy & pasted text to express concerns about the proposed rule change by the Options Clearing Corporation (OCC) to adjust parameters for calculating margin requirements during periods of high market volatility. Outline your apprehensions regarding the potential impact on market stability, the lack of transparency in redacted materials, and the inherent conflict of interest associated with the Financial Risk Management (FRM) Officer's role. Maintain a respectful and professional tone throughout, providing detailed reasons and supporting evidence for your opposition. Advocate in your letter to [SEC/Relevant Regulatory Body] for a thorough reconsideration of the proposed rule, emphasizing the importance of transparency, risk mitigation, and the broader market's well-being.
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๐ฑ๐ฅ๏ธ โ๏ธ Email: [email protected]
Include the file number: SR-OCC-2024-001 - in the subject line of your email.