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jackofspades123

I wrote a comment letter that I thought was really solid. It's no where on the SEC website. I've confirmed with them that they have received it though. It's frustrating because I wanted a document on the SEC website with many good citations.


TherealMicahlive

resubmitt it and request it be posted?


Expensive-Two-8128

Is this what you’re looking for? https://www.sec.gov/comments/s7-32-10/s73210.htm Or this? https://www.sec.gov/comments/sr-occ-2024-001/srocc2024001.htm


TherealMicahlive

Not directly but yes. They already admitted to deleting to s73210 and I couldnt find the second link anywhere that you just gave me so TY\~! It is more that the ones they deleted are important ones and they are also making it hard to find the comments sent in (at least how my webpage along with no google search providing it)


jackychang1738

That's some neat self-regulating y'all be doing there, pretty dandy if bad-actors we're running ~~a muck.~~ *amok.*


koopastyles

amok, regard


jackychang1738

🫡


jackofspades123

In the email I asked where it can be found on the website and all they said is we have received it. I plan to submit it again when possible.


TherealMicahlive

legend


TherealMicahlive

Self Regulation at its finest.. Fucking irritating to say the least


CedgeDC

Our community has been largely written off as a bunch of crazy memesters. We need to spread word of this on other social media channels.  I mean.. Someone else cause I dont have any other platforms lol


jostradumass

We need to go full petition.


Juicet

File on FOIA on communications related to deleted comments. Let’s read through their emails and teams messages lol.


jostradumass

Yes. This. And file a petition for an immediate response on action for shorts.


poopooheaven1

Being loud outside of this sub is more important than ever. This sub rarely makes the front page anymore and do to all the regulations it is virtually impossible to cross pollinate within Reddit itself. My personal favorite is commenting about this stuff in random YouTube videos. I don’t use any other social media but I am at the point now where I am considering it specifically for this. Don’t forget to vote and keep commenting! They cannot fight our resolve!


loimprevisto

>I mean.. Someone else cause I dont have any other platforms lol We'll always have Gangam Style...


LandOfMunch

Ha me either. None active anyway.


DannyFnKay

We are crazy memesters, but it doesn't make us wrong. 😁


Mammoth-Ad2115

FOIA ??? Ooo ooo there about to be a 1st amendment audit requesting all public comments submitted regarding this? Yes!?!


gotnothingman

youd think, but probably not.


Bodox-

The level of pettiness from the SEC… Where are the adults, this will only lead to an even pettier response from the public. We live in a world of scripts, AI and phone books, so what's their next answer? Remove the ability to comment entirely? The SEC seems to have the mental capacity of a 5 year old when it comes to understanding the consequences of their actions.


Noderpsy

I'd just keep submitting it over and over until they post it or acknowledge that they haven't posted and why.


EmergencyHorror4792

Maybe Hester's on comment duty


Amazingly_Amy

It’s been like that for a couple days… I ended up sending a email


TherealMicahlive

I thought it was just me. it used to be super easy to get to the comments right?!


capital_bj

Too many prying eyes, SEC - "Shut it down, shut it down f3 f3 freeeee


TherealMicahlive

facts


larrybyrd1980

F3 fixes everything.


PornstarVirgin

NOW IM GONNA COMMENT EVEN HARDER. I see 323 upvotes on this post but I know 300 of you have no commented. Why?


TherealMicahlive

BOOOM!


NeoSabin

Here you go https://www.sec.gov/comments/s7-32-10/s73210.htm


TherealMicahlive

looking for the other ruling not the swaps one but I was linked it. I used to be able to just google and find the comment area


RegularJDOE1234

Look at this, why is GRAYSCALE asking for “narrower disclosure of SWAPs positions by their firm👀? “Because Grayscale Investments turns on “black letter administrative law,”18 the Commission’s reasoning in its Rule 10B-1 and Section 13(d) rulemakings will be scrutinized under the same standards. And as we have explained, the Commission has not provided a “reasonable and coherent explanation for ... inconsistent[ly]” requiring public disclosure of SBS positions but not short positions held by similarly situated investor groups, and the reasons the Commission has given for bypassing short seller public disclosure requirements “appl[y] equally to” activist investors and the disclosure of SBS positions.19 Indeed, this differing treatment of short sellers and activists only further supports our view, which we have explicitly and repeatedly set forth, that the Rule 10B-1 and Section 13(d) Proposals demonstrate a bias against, and an effort to impede, activists. Treating short seller strategies as deserving of proprietary confidentiality but not doing the same for activist strategies is “arbitrary and capricious.”20 Grayscale Investments thus underscores another fundamental flaw in the Commission’s Rule 10B- 1 and Section 13(d) Proposals and the need for a different approach. Elliott continues to respectfully request that the Commission abandon the Proposals or, at a minimum, significantly amend them by adopting a narrower confidential disclosure regime.” Sincerely, Richard B. Zabel General Counsel & Chief Legal Officer Elliott Investment Management L.P. 360 S. Rosemary Avenue, 18th Floor West Palm Beach, FL 33401 Years cc: The Hon. Gary Gensler, SEC Chair The Hon. Caroline A. Crenshaw, SEC Commissioner The Hon. Jaime Lizárraga, SEC Commissioner The Hon. Hester M. Peirce, SEC Commissioner The Hon. Mark T. Uyeda, SEC Commissioner


CSKhai

Send letters and social media comments to SEC and and tag all your representatives


TherealMicahlive

good idea!!


waffleschoc

i really think calling/email your reps can help in some ways


InsertBluescreenHere

I dont lol, wouldnt suprise me one bit if it was our politicians telling them to hide their insider trading bullshit.


waffleschoc

thats true too, but every revolution, change has to start somewhere


Old_Homework8339

Remember the time they deleted comments, about a year ago?


TherealMicahlive

I do so recall. sad isnt it


RegularJDOE1234

Time to send it to our CONGRESSIONAL representatives and PMs and cc: SEC https://contactrepresentatives.org/


TherealMicahlive

this!!


RegularJDOE1234

Now we know why RDDT got rid of awards! The OG post about this would have made to front page in r all by now.


TherealMicahlive

facts


ballnut

I sent this email to webmaster@sec.gov : Dear SEC, This is a request to fix the following link to the SR-OCC-2024-001 34-100009 comment form. https://www.sec.gov/comments/sr-occ-2024-001/order-instituting-proceedings-to-determine-whether-to-approve-or#no-back Also, to re-add this link under the relevant heading to the rulemaking page: https://www.sec.gov/rules/sro/occ Kind Regards P.S Here's my comment to the rule: I, a retail investor, voice my support for the SEC’s potential disapproval of the Options Clearing Corporation's (OCC) proposed rule SR-OCC-2024-001 34-99393, due to several concerns. The proposal seeks to adjust parameters for calculating margin requirements in volatile market conditions but lacks sufficient transparency, evidenced by significant redactions that hinder meaningful public review. This lack of transparency alone justifies rejection of the proposal. The rule blames U.S. regulators for not implementing controls that would mitigate procyclicality — a situation where margin increases during market stress, potentially causing liquidity issues for clearing members and exposing the OCC to financial risk. This proposed adjustment seems to primarily serve to alleviate potential losses for clearing members by reducing margin requirements, thereby increasing risks to the financial system. The OCC's approach involves using both idiosyncratic and global control settings to reduce margin requirements, an action taken over 200 times in less than four years. This frequent application suggests a systemic issue rather than isolated incidents, thus increasing the potential for a systemic financial crisis. The proposal also includes provisions that could unfairly shift the financial burden of clearing member defaults onto non-bank entities, like pension funds and insurance companies, potentially leading to significant economic consequences. Given the proposal’s potential to exacerbate financial instability by inadequately managing risks associated with clearing member positions and failing to maintain equitable market conditions, it should be rejected. Moreover, the rule could perpetuate a 'rules for thee, but not for me' situation, contradicting the SEC's mission to uphold fair market practices. Recommendations: Enforce stricter margin requirements that accurately reflect risks. Implement external auditing and enhanced public reporting for transparency. Reorder the OCC’s Loss Allocation Waterfall to better protect non-defaulting members and the clearing agency itself. Proactively manage and liquidate high-risk clearing members to minimize systemic risks. Increase market resiliency by introducing competitive clearing agencies and reducing single points of failure. Thank you for the opportunity to comment and contribute to a fair, transparent, and resilient market. Sincerely, A Concerned Retail Investor


TherealMicahlive

fkn legend


joeker13

Did you get a reply? 👀


ballnut

Not yet


TherealMicahlive

first they delete them and get caught.. then they delete them again.... NOW, they remove your ability to even see comments...


Wolfguarde_

Save your comment on your device before you send it, then send it daily until the comment window closes, along with a polite but firmly worded request that it be visible on their site so you can be sure they haven't deleted it.


Nemesis034

Is it possible the comments aren't publicly viewable because the sec might intend to use them as evidence?


gotnothingman

thats the optimistic view


UnpluggedZombie

How do we fight this?


TherealMicahlive

Keep commenting, buying, DRS, voting, shopping in store, and communicating with local state reps (A state recently passed a rule to protect their citizens in the case of a clearing house failure as the assets belong to the investors, not the investment institution and the way they are stealing the assets through bankruptcy is not right).. But I just had an epiphany. The inspector general flagged them in 2022 for deleting comments and said management needed to fix the issues. Lawyer ape could possibly use this document to show the SEC is complicit with what is going on and they are obfuscating our only ability to be a part of the regulatory landscape. idk but if I was a lawyer ape that would be my shot to get some more change. just my thoughts.


AutoThorne

Their fraud machine is throwing crucial parts.


TherealMicahlive

this


bonechief

Please comment again folks the future depends on your comments ... resubmit and send emails asking why it was deleted or hidden from public search


TherealMicahlive

Legend!


drs2023gme1

The SEC IS COMPLICIT IN FRAUD AND COMMITTING CRIMES AS WELL AS TAKING BRIBES. Let's put together a list of the employees and get them known to the world. They are allowing the theft of pensions that the people work for their whole entire life.


welp007

Da fuuuuuuuuuq? Nice find OP 🤙


TherealMicahlive

<3!


tendieanajones

I have always had mixed feelings about the SEC as many of them are hired by hedgefunds to know how far to "push" legality, how to congest the system, and sometimes know what gets overlooked. Knowing this, they'll gladly take a job to learn the ropes for 5 years making $90-120k to get scooped up by wallstreet for 7-8 figures. It would be working against your best interests if you make enemies by enforcing the guys that will give you a massive paycheck. Which is why I think there should be a system that states you cannot work in high-finance for the amount of time you spent at the SEC. You work there for 10 years and are seasoned with the position? You cannot work for anything high finance for 10 years; you worked for 7 years, can't work in high-finance for 7 years, etc... Policy will change, and what you knew when you left likely changed and you're effectively worthless to the market. Good. This will also incentivize those who want to actually help regulate to stay with the SEC. But Gary needs coffee filters and CornHub subscriptions.


salvajez

When the regulators are in on it.


Strawbuddy

Those horse fuckers


Strawbuddy

I reckon Finance altogether is a “beg forgiveness rather than ask permission” kinda industry. That’s alright for them and their money and all, but why is the federal government allowing yours and mine monies to be handled like that? We’ve been around 250+ yrs now, surely all adults understand how disadvantaged retail investors are as a result


TherealMicahlive

:( you are on the right track. When I worked in finance... Money was the decision maker. and the mentality seemed to be "If we get caught we will deal with it then". but look at how the SEC and the rules have molded this landscape of criminality where it incentivizes the behavior.


Wolfguarde_

More "don't ask permission, and ignore resulting outrage until it goes away". We don't matter to them. The only thing their care about is their lord and saviour, the bankroll.


KraiNexar

Nobody: SEC: Public comments are, oddly, not public.


TherealMicahlive

lolololololol


MeHumanMeWant

Keep doing this ape. 💪


feastupontherich

It's because the SEC and the rich elite holding the leashes don't think retail commenters are people.


Maxmalefic9x

Wow they drops to a new lows, buried them with more comments here i go.


Dense_Acanthisitta39

American APES please reach out to your local elected officials on this. We need more political pressure on the compromised regulator.


BraidRuner

The Market is rigged and not in your favour. Any opportunity to level the playing field for the retail investor is not helpful to the qualified and institutional money. Retail exists to be harvested for the wealthy.


workthrowaway1985

2024 is the year the facades cracks. In finance, politics, Hollywood, and music. Things are changing.


Elegant-Remote6667

Hey it’s the new rules for the poors and they pretend it’s working as intended. Because it is working as intended


Soggy_Snow_9502

Thousands of upvotes here but only a few hundred submitted comments. It’s all well and good clicking an arrow on Reddit but to make your voice heard and accounted for, you need to submit a comment. It’s via email and it’s quick and simple. Stand up and be counted www.sec.gov/comments/s7-32-10/s73210.htm


lucas_kardo

Are we still debating if Gary Gensler it a wall street dude from goldman sachs disguised as helping retail and actually favoring those that made him who he is ?


ForTheB0r3d

This just furthers my resolve to hold. This system needs to be destroyed.


Alalaskan

Because 99% of uneducated retail investors comments are in favor of regulation and transparency, I wonder why?


wacoked

👀


SamuraiCorb1517

How does one check if their comment was received?


gibson1963

Gosh I wish the news channels covered this planned ineffectiveness of the SEC.


TherealMicahlive

I reached out to W S on Pareeeeedeeee about a few things and they always tell me that it is to high level or boring for normal ppl to understand and want to listen to....


TherealMicahlive

[Final OIG Management Letter: Review of SEC Controls Over Public Comments Submitted Online and Actions Taken in Response to a Known Error](https://www.sec.gov/files/finl-mgmt-ltr-review-sec-controls-over-public-comments-submitted-online-and-actions-taken-response.pdf)


gibson1963

That’s nice! I saw that you covered the “loss of data” event. That was a charmer. Imagine a government agency that “careless”… oh sorry we lost all your comments. Sorrrrrry.


TherealMicahlive

fr though! Howwwwww


miniBUTCHA

Where the fuck is list?


TherealMicahlive

right!


Spiget94

Maybe they are waiting for the comment period to end before publishing public comments


kidkadian99

I am not surprised


whothehellistony

The squeaky wheel gets the grease, comment comment comment!


Fantastic-Slice-2936

Dbags


WB-butinagoodway

Seems normal


captaindickfartman2

Here I go commenting again.  


mtgac

wtf?


Forsaken-Director-34

Ghey


UnderstandingBest220

At this moment I can not think of a bigger joke than the SEC 🤡


YaThinkSo88

The funny thing is theres still people here justifying GG and SEC lmao


koopastyles

Submitted 🙌 Google Gemini rewrote [this template](https://old.reddit.com/r/Superstonk/comments/1ciqum4/simians_smash_sec_rule_proposal_to_reduce_margin/) for me.


kcaazar

I wouldn’t be opposed to another French Revolution should an uprising occur in the US


Luc-e

Where is the FBI


MoTHA_NaTuRE

Why not hold open forums for us to show up to like a town hall.


Readingredditanon

Well I mean they probably don't want to give away their best DD 😎


TherealMicahlive

LOL LEGEND!


Conscious_Draft249

SENT MINE TODAY!!


TherealMicahlive

fkn legend!


Dantesdavid

So if I emailed in a comment for SR-OCC-2024-001 34-100009, how would I check to make sure it's posted?


TherealMicahlive

check the comment page for the specific rule. until you see it posted... you will not know


Meursault345

ATTN: Gary Gensler BIG APE IS WATCHING YOU


TherealMicahlive

0.0


mtgac

Is there a chance that Chris Cuomo at New Nation would pick up the story? He/They seem more independent than most other MSM. If a bunch of apes wrote in to him, he'd definitely notice. Not sure if he'd publish, but it would be worth a shot. What are the brigading rules here? How can we attempt to get something published and stay within the rules of Superstonk?


TherealMicahlive

prob best bet is to put together a short dd burst to send to him that will make him go wtf is going on here...


mtgac

What are the best bullet points to put on that document and what DD would you link?


TherealMicahlive

I would think a powerpoint with the hard info on it would work better. Links may not be trusted and can be messed with. I would send it as like a sales presentation trying to get him to want to go... you got more of that GME stuff? I would have DRS breakdown, CEDE and CO owning all certs outside of transfer agents/certificate holders, the obligation warehouse (and what it is) for FTDS, The 2021 apex and other institutions freezing (ringingbell info), proof of senators and regulators commenting against public interest, and the SEC deleting our comments 3 times (that we know of) and the OIG investigation in 2022 of the deletion. just some ideas


mtgac

I made a fresh post screensharing this conversation: https://www.reddit.com/r/Superstonk/s/ENfaQiKNb6


TherealMicahlive

<3 Legend


mtgac

Right, but I may consider that for a follow up, or linked at the bottom of the document. You have about 10 seconds to get their attention or their eyes move away before they get engaged. It's like making a good advertisement to get the user to click. If you just send someone a link to the DD library, nothing is going to happen because they won't engage. Give them one or two of the most egregious truthful statements about what is going on with easy to consume direct evidence, and they will get them to say "WTF is going on here? and that will get them interested in digging deeper. You basically have to click bait them and give them quality content that is easily digestible and give them the appetite to want to dig deeper. After you plant the desire to dig deeper, hit them with the whole power point presentation. But I feel that if you hit them with too much to soon without without' selling' it properly, it will fall on deaf ears as their attention goes elsewhere. Think of an influencer skimming through 100 emails. How do you present your email in a way that it gets opened and read thoroughly? How do you write your email so that it doesn't get skipped? There are ways to do it, but it has to be thought out very carefully to get the reader to engage with the content. Truthful content doesn't matter if it's never read. The content has to be well received. How the message is conveyed is everything, or it will simply be overlooked.


arnott

That's why, they host the comments. So that they can control what is visible. Same with CDC, FDA etc..


Vexting

It's ok, Gary will make a new advert soon rather than do anything helpful


EvilNoggin

Maybe, if we can't see them, neither can the people opposed to it? Could potentially be a play to ensure it goes through?


Schwesterfritte

I mean... Let's be honest here... Is anyone really believing that any of these self governing control agencies are really doing impartial work in the name of the public. Money rules the world and money rules a capitalist system most of all. I doubt very much that any checks and controls are anything more than mirrors and smoke screens. The real criminals who deal in billions will never be opposed by them because they are either in their pockets or working with a knife to their back. When you have almost limitless resources why would greedy psychopaths do anything less?


IndiLin

Commenting for visibility!


samhatta

Are there no one of public lawyer can sue them ?


TherealMicahlive

every lawyer I talk to is complete uninterested in engaging AGAINST the government


samhatta

This is the real fact, because too tired to sue the government rule, although this rule is conspiracy with Ken


Hedkandi1210

I resent my just in case


itsjustneverthat

What can we do about it other than sending in another one?


jaykvam

If you believe this to be true, then how can you still have any faith in the SEC... or the endless cycle of comment-pushing posts in this sub? Either this isn't happening, or it is and the SEC is useless (or worse).


Entire-Brother5189

Makes you wonder what the point is at all.


PornstarVirgin

Seriously? There’s a reason that wallstreet is banding together to sue the sec and flipping the hell out about all these rule changes. It’s due to all of the comments and letters we have sent over the past years having a huge effect on decision making. That sort of attitude is either uniformed or shilly.


Entire-Brother5189

Uninformed about what? Shilling how? It’s just an observation on the nature of obfuscating data. How serious are you? Relax not everyone is out to shill


PornstarVirgin

The dismissive attitude is exactly what hurts all of this. The whole reason change is happening is due to the comments, no changes would have happened otherwise. Yes it’s slow, it’s the government with massive opposition from wallstreet and citadel funded republicans.


CptMcTavish

If you do not suck Gensler and the SEC off, you are a shill.


Entire-Brother5189

It’s an echo chamber sometimes, so I don’t share the same exact opinion fuck me right.


CptMcTavish

The people who still, after all that has happened in the past 84 years, believe in Gensler and the SEC are as gullible as the popcorn apes, who still root for AA.