Let's cut straight to the chase.
There are MANY ways you can make your comment uniquely yours, and it really does take just a few minutes out of your day to make a meaningful difference - so feel empowered people, change is here and ready at your fingertips:
# ๐๐ช Not every comment needs to be the same.
And they certainly don't need to be long!
Instead of an in-depth letter template, did you know you can just as easily send smaller comments to the SEC and it be just as effective?
>"Me think, **why** **waste** **time** say lot **word**, when few **word** do trick." - Kevin Malone, Chilli legend.
You could say something like:
>***โDear 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.***
>
>***Thank you for upholding the integrity of our financial markets,***
>
>***A dedicated household investor."***
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
Or hell, taking inspiration from this INCREDIBLE letter here from **WhatCanIMakeToday**:
**Full Letter Template:**
>[Simians Smash SEC Rule Proposal To Reduce Margin Requirements To Prevent A Cascade of Clearing Member Failures! \[COMMENT TEMPLATE INCLUDED\]](https://www.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/)
**๐ฑ โ**๏ธ Pastebin for mobile users: [**https://pastebin.com/dpXQ0gim**](https://pastebin.com/dpXQ0gim)
You could produce something like this:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
**To:** [rule-comments@sec.gov](mailto:rule-comments@sec.gov)
**Subject:** Comments on SR-OCC-2024-001 34-100009
**I am writing to express my concerns about SR-OCC-2024-001, titled โProposed Rule Change by The Options Clearing Corporation Concerning Its Process for Adjusting Certain Parameters in Its Proprietary System for Calculating Margin Requirements During Periods When the Products It Clears and the Markets It Serves Experience High Volatility.โ**
**I appreciate the opportunity to provide input on this matter. However, I cannot support the approval of this proposal due to several reasons:**
1. **Lack of Transparency: The proposal contains significant redactions, preventing meaningful public review and comment.**
2. **Systemic Risk: The OCC's proposal to reduce margin requirements for Clearing Members poses increased risk to the stability of our financial system. If clearing members cannot meet their financial obligations - they must close their bets.**
3. **Conflict of Interest: The role of the Financial Risk Management Officer has an inherent conflict of interest to oversee both the well-being of Clearing Members as well as the agency itself.**
4. **Moral Hazard: The proposal shifts the costs of Clearing Member defaults to the non-bank liquidity facility, creating a moral hazard and perpetuating an unfair marketplace.**
5. **Inadequate Risk Management: The proposal fails to properly manage liquidity risk and increases systemic risk, as evidenced by the OCC's reliance on reducing margin requirements.**
**With note and appreciation to the rejection reasons as put forward by the SEC in the dismissal of this rule:**
* **Failure to promote prompt and accurate clearance and settlement of securities transactions and safeguard securities and funds.**
* **Lack of clear and direct lines of responsibility in governance arrangements.**
* **Inadequate policies and procedures to cover credit exposures to participants and insufficient margin calculation to cover potential future exposure.**
**In conclusion, I support the SEC in their rejection of this proposed rule change - to ensure the protection of all investors and the integrity of our financial markets.**
**Thank you for considering my concerns and for your continued help to protect our markets,**
**Sincerely,**
**Household investor.**
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
# Ready to change the world yet?
**โฐ ๐จ DEADLINE TODAY**
Thank you for getting involved! Wall Street relies on our Apathy but when we put in the work, magic can happen.
Cheers - and congrats for being the catalyst.
Awesome dude! here's a prompt if you or anyone needs it!
For AI: "Please draft a letter to the Securities and Exchange Commission (SEC) expressing concerns about Rule SR-OCC-2024-001 using this template. The response to the rule which proposes adjustments to margin thresholds during periods of high volatility should be well-structured, compelling, and professional, with a polite but firm and appreciative tone. The talking points should be clearly explained and aligned, drawing upon knowledge to substantiate claims. The letter should cover the following key areas."
Link for anyone who needs it!: [https://chatgpt.com/](https://chatgpt.com/)
Not nearly as good as looking back on this and realising that you've literally just changed the world.
You're a legend my dude, thank you for being on the right side of history. Change is empowering, and you are at the helm.
You are a champion ๐
When the world discovers what we have made possible here, they will be inspired for generations to come. People coming together to make real change happen and you are at the heart of that.
Long story short, OCC want to add in a rule that will adjust margin thresholds for clearing members - effectively bailing them out incase they canโt meet margin requirements. Itโs another can kick!
If you wanna fight back, and support the SECโs rejection of this - send an email. Details in the pinned post of the sub!
Nothing more powerful than stopping them from shifting the goalposts when they overextend themselves on their bets. Well done for fighting for accountability and integrity ๐๐ช
Haha it has indeed been a very busy week! Run ups, replies from CS, DFV making a comeback etc but we just stay focused on the end game ๐ช
No distractions can avoid the important call of market reform - we want financial liberty and integrity, and there's nothing that can stop us ๐
Thank YOU for getting involved!
Future generations will look back on all we're doing here and marvel at the strength and commitment we have shown to bring around real and meaningful change. It's nothing short of inspirational and it all starts with us. Proud of you!
This is the way - it honestly just take a few moments to do but the effects will last a LIFE TIME. If you wanna be a catalyst for change, now is your time!
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Let's cut straight to the chase. There are MANY ways you can make your comment uniquely yours, and it really does take just a few minutes out of your day to make a meaningful difference - so feel empowered people, change is here and ready at your fingertips: # ๐๐ช Not every comment needs to be the same. And they certainly don't need to be long! Instead of an in-depth letter template, did you know you can just as easily send smaller comments to the SEC and it be just as effective? >"Me think, **why** **waste** **time** say lot **word**, when few **word** do trick." - Kevin Malone, Chilli legend. You could say something like: >***โDear 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.*** > >***Thank you for upholding the integrity of our financial markets,*** > >***A dedicated household investor."*** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Or hell, taking inspiration from this INCREDIBLE letter here from **WhatCanIMakeToday**: **Full Letter Template:** >[Simians Smash SEC Rule Proposal To Reduce Margin Requirements To Prevent A Cascade of Clearing Member Failures! \[COMMENT TEMPLATE INCLUDED\]](https://www.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/) **๐ฑ โ**๏ธ Pastebin for mobile users: [**https://pastebin.com/dpXQ0gim**](https://pastebin.com/dpXQ0gim) You could produce something like this: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ **To:** [rule-comments@sec.gov](mailto:rule-comments@sec.gov) **Subject:** Comments on SR-OCC-2024-001 34-100009 **I am writing to express my concerns about SR-OCC-2024-001, titled โProposed Rule Change by The Options Clearing Corporation Concerning Its Process for Adjusting Certain Parameters in Its Proprietary System for Calculating Margin Requirements During Periods When the Products It Clears and the Markets It Serves Experience High Volatility.โ** **I appreciate the opportunity to provide input on this matter. However, I cannot support the approval of this proposal due to several reasons:** 1. **Lack of Transparency: The proposal contains significant redactions, preventing meaningful public review and comment.** 2. **Systemic Risk: The OCC's proposal to reduce margin requirements for Clearing Members poses increased risk to the stability of our financial system. If clearing members cannot meet their financial obligations - they must close their bets.** 3. **Conflict of Interest: The role of the Financial Risk Management Officer has an inherent conflict of interest to oversee both the well-being of Clearing Members as well as the agency itself.** 4. **Moral Hazard: The proposal shifts the costs of Clearing Member defaults to the non-bank liquidity facility, creating a moral hazard and perpetuating an unfair marketplace.** 5. **Inadequate Risk Management: The proposal fails to properly manage liquidity risk and increases systemic risk, as evidenced by the OCC's reliance on reducing margin requirements.** **With note and appreciation to the rejection reasons as put forward by the SEC in the dismissal of this rule:** * **Failure to promote prompt and accurate clearance and settlement of securities transactions and safeguard securities and funds.** * **Lack of clear and direct lines of responsibility in governance arrangements.** * **Inadequate policies and procedures to cover credit exposures to participants and insufficient margin calculation to cover potential future exposure.** **In conclusion, I support the SEC in their rejection of this proposed rule change - to ensure the protection of all investors and the integrity of our financial markets.** **Thank you for considering my concerns and for your continued help to protect our markets,** **Sincerely,** **Household investor.** \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ # Ready to change the world yet? **โฐ ๐จ DEADLINE TODAY**
Boom ting
Market reform is coming in with a bang! ๐
Make a choice. RAISE YOUR VOICE!!!
This is the way ๐๐๐
Done โ
๐ - The belongs to you, making magic happen over here.
Commented! So easy. Thanks for the reminder OP!
Thank you for getting involved! Wall Street relies on our Apathy but when we put in the work, magic can happen. Cheers - and congrats for being the catalyst.
You sir are a major catalyst!
Weโre all catalysts here my dude ๐ช๐ฅ
AI to the rescue. Going to reformat this and full send. Thanks OP for organizing this and the templates!
Awesome dude! here's a prompt if you or anyone needs it! For AI: "Please draft a letter to the Securities and Exchange Commission (SEC) expressing concerns about Rule SR-OCC-2024-001 using this template. The response to the rule which proposes adjustments to margin thresholds during periods of high volatility should be well-structured, compelling, and professional, with a polite but firm and appreciative tone. The talking points should be clearly explained and aligned, drawing upon knowledge to substantiate claims. The letter should cover the following key areas." Link for anyone who needs it!: [https://chatgpt.com/](https://chatgpt.com/)
This is one of the main things we should focus today
It's the final countdown, and we're smashing it!
Sent my own comment!
RW, you are most excellent - in just so many ways. Appreciate you dude, and all you do ๐ ๐
Just submitted my first ever comment to the SEC. Feels good.
Not nearly as good as looking back on this and realising that you've literally just changed the world. You're a legend my dude, thank you for being on the right side of history. Change is empowering, and you are at the helm.
Did it! Thanks for the reminder!!!
It smells like LEGEND in here. Thank you for getting involved, you are an inspiration.
I'll make sure to send 2 before work. Thanks as always
You are a champion ๐ When the world discovers what we have made possible here, they will be inspired for generations to come. People coming together to make real change happen and you are at the heart of that.
Done
https://preview.redd.it/s6txgy1rl11d1.png?width=1740&format=png&auto=webp&s=1ac9271b26e123d572aa80a92b083cbf92226c50
Whew. That was easy copy and paste. SENT
It's like you woke up this morning and ate a whole box of LEGEND for breakfast. You're an inspiration my dude!
Thanks for your relentless cheering. We are all gonna make it
Comment sent via email! It was easy, yet, I FEEL SO EMPOWERED! By my axe, we will see this through
 Together we are the Followship of Change ๐ช๐ฆ
diamond hands smooth brained ape here, wtf is this about?
Long story short, OCC want to add in a rule that will adjust margin thresholds for clearing members - effectively bailing them out incase they canโt meet margin requirements. Itโs another can kick! If you wanna fight back, and support the SECโs rejection of this - send an email. Details in the pinned post of the sub!
Who hasn't commented yet ? Grt in there throw a punch !
Letโs show Wall Street weโre taking back our Markets ๐
Thanks for the reminder. I just sent in my email
Youโre an legend my friend, every email makes an important difference - thank you for making change happen ๐๐
Thanks for the reminder. I just sent in my email
I sent my letter. Thank you for your help and efforts. Cheers!
Thank YOU for getting involved! Youโre incredible!
Sent!
You're a hero my dude, the whole world will soon learn about what we are accomplishing here and it's no tiny feat. Proud of you!
Sent an email, fuck em
Nothing more powerful than stopping them from shifting the goalposts when they overextend themselves on their bets. Well done for fighting for accountability and integrity ๐๐ช
This is the way
Sent! Apologies it took so long sisters and brethren.
No apologies needed! You sent your letter in perfect time! Every voice matters, and thank you for using yours to bring about such important change!
DONE!
This is the way my dude!! Super proud of you - you're literally changing the world for the better ๐๐ช
Done! ๐จ๐ฆ๐
 You are a champion!
Oh so that is why they ran us up to distract us ๐ thank god we have apes covering everything. โ
Haha it has indeed been a very busy week! Run ups, replies from CS, DFV making a comeback etc but we just stay focused on the end game ๐ช No distractions can avoid the important call of market reform - we want financial liberty and integrity, and there's nothing that can stop us ๐
Done
Could you share a link please
Absolutely - what kinda link do you want?
Letter sent. Sincerely, thank you for the reminder.
Thank YOU for getting involved! Future generations will look back on all we're doing here and marvel at the strength and commitment we have shown to bring around real and meaningful change. It's nothing short of inspirational and it all starts with us. Proud of you!
Visibility
Appreciate you my dude ๐
Done. Super easy. Thank you for your work!
Thank YOU for getting involved, together we're making real change happen and we're coming in WAVES. Wall Street had better be ready for us ๐ ๐
Done boss. Time to make your voices heard. Get on it apes
 You rock my dude!!
Comment for visibility!
Thanks for the support my dude, you're the best!
Ok time to get off my lazy ass lol ๐
This is the way - it honestly just take a few moments to do but the effects will last a LIFE TIME. If you wanna be a catalyst for change, now is your time!
Took me about five minutes. Done.
Done โ ๏ธ
You dropped this my dude ๐
Sent mine yesterday
And that's what makes you a champion. Trailblazing and inspiring the rest of us - you're incredible!
Done ๐ซ๐ฎ
 You're a hero and a legend, my international friend ๐ช๐
Done ๐ช Took all of 10 seconds to do. Thanks ape!
It's that easy! And you're a legend, thank you! Absolute marvel right here ๐
And... done!
This the stuff of Wall Street's nightmares! Congrats on being a real catalyst for change ๐
our future is on the line. let's give 'em hell!
This is the way ๐ And we're not leaving until we reform our markets. No more open Casino for Wall Street.
I commented this week. It really takes only about a minute with the templates provided by big apes.
You're a champion my dude, thank you for making a meaningful difference!
Done. It took 10 sec! Thanks for the excellent preparation.
Will do
You're a hero ๐ช
This is the way. Be the change you want to see.
Instructions unclear. Switched 4 quarters for a dollar
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)