Second time around, they're hoping we'll miss this one.
Link...https://old.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/
From post, full post has long template...
"Well done fellow Simians! 👏 Thanks to OVER 2500+ of you beautiful apes, the SEC has decided the OCC Proposal to Reduce Margin Requirements To Prevent A Cascade of Clearing Member Failures is dog shit wrapped in cat shit. We need to kick this while it's down so it's out of the game.
... the Commission is providing notice of the grounds for disapproval under consideration.
[SR-OCC-2024-001 34-100009 (pg 4); Federal Register]
Notice of the grounds for DISAPPROVAL
The phrase "notice of the grounds for DISAPPROVAL" is formal speak for "here are the reasons why this is bullshit". HOWEVER, the rule proposal isn't dead yet. Part of the bureaucratic process is this notification of why it should be disapproved followed by a comment period where the rule proposer and supporters (e.g., OCC, Wall St, and Kenny's friends) can comment and try to push this through by convincing the SEC otherwise.
Apes can also comment on the rule proposal IN SUPPORT OF THE SEC and the grounds for disapproval. It's time to kick this to the curb.
SEC's Reasons This Proposal Is BS..."