diff --git a/core/src/system_monitor_service.rs b/core/src/system_monitor_service.rs
index 75d3e41c6..7dedfa9bf 100644
--- a/core/src/system_monitor_service.rs
+++ b/core/src/system_monitor_service.rs
@@ -117,12 +117,16 @@ pub fn verify_udp_stats_access() -> Result<(), String> {
 }
 
 impl SystemMonitorService {
-    pub fn new(exit: Arc<AtomicBool>, report_os_network_stats: bool) -> Self {
+    pub fn new(
+        exit: Arc<AtomicBool>,
+        report_os_memory_stats: bool,
+        report_os_network_stats: bool,
+    ) -> Self {
         info!("Starting SystemMonitorService");
         let thread_hdl = Builder::new()
             .name("system-monitor".to_string())
             .spawn(move || {
-                Self::run(exit, report_os_network_stats);
+                Self::run(exit, report_os_memory_stats, report_os_network_stats);
             })
             .unwrap();
 
@@ -331,7 +335,7 @@ impl SystemMonitorService {
         }
     }
 
-    pub fn run(exit: Arc<AtomicBool>, report_os_network_stats: bool) {
+    pub fn run(exit: Arc<AtomicBool>, report_os_memory_stats: bool, report_os_network_stats: bool) {
         let mut udp_stats = None;
         let network_limits_timer = AtomicInterval::default();
         let udp_timer = AtomicInterval::default();
@@ -349,7 +353,7 @@ impl SystemMonitorService {
                     Self::process_udp_stats(&mut udp_stats);
                 }
             }
-            if mem_timer.should_update(SAMPLE_INTERVAL_MEM_MS) {
+            if report_os_memory_stats && mem_timer.should_update(SAMPLE_INTERVAL_MEM_MS) {
                 Self::report_mem_stats();
             }
             sleep(SLEEP_INTERVAL);
diff --git a/core/src/validator.rs b/core/src/validator.rs
index a498dad62..bc0fdeed1 100644
--- a/core/src/validator.rs
+++ b/core/src/validator.rs
@@ -150,6 +150,7 @@ pub struct ValidatorConfig {
     pub bpf_jit: bool,
     pub send_transaction_service_config: send_transaction_service::Config,
     pub no_poh_speed_test: bool,
+    pub no_os_memory_stats_reporting: bool,
     pub no_os_network_stats_reporting: bool,
     pub poh_pinned_cpu_core: usize,
     pub poh_hashes_per_batch: u64,
@@ -211,6 +212,7 @@ impl Default for ValidatorConfig {
             bpf_jit: false,
             send_transaction_service_config: send_transaction_service::Config::default(),
             no_poh_speed_test: true,
+            no_os_memory_stats_reporting: true,
             no_os_network_stats_reporting: true,
             poh_pinned_cpu_core: poh_service::DEFAULT_PINNED_CPU_CORE,
             poh_hashes_per_batch: poh_service::DEFAULT_HASHES_PER_BATCH,
@@ -443,6 +445,7 @@ impl Validator {
 
         let system_monitor_service = Some(SystemMonitorService::new(
             Arc::clone(&exit),
+            !config.no_os_memory_stats_reporting,
             !config.no_os_network_stats_reporting,
         ));
 
diff --git a/ledger-tool/src/main.rs b/ledger-tool/src/main.rs
index ad9aa72d5..cff88d8e5 100644
--- a/ledger-tool/src/main.rs
+++ b/ledger-tool/src/main.rs
@@ -1999,7 +1999,7 @@ fn main() {
 
                 let exit_signal = Arc::new(AtomicBool::new(false));
                 let system_monitor_service =
-                    SystemMonitorService::new(Arc::clone(&exit_signal), false);
+                    SystemMonitorService::new(Arc::clone(&exit_signal), true, false);
 
                 if let Some(limit) =
                     value_t!(arg_matches, "accounts_index_memory_limit_mb", usize).ok()
diff --git a/local-cluster/src/validator_configs.rs b/local-cluster/src/validator_configs.rs
index 8c697d7b6..3c4a4863b 100644
--- a/local-cluster/src/validator_configs.rs
+++ b/local-cluster/src/validator_configs.rs
@@ -47,6 +47,7 @@ pub fn safe_clone_config(config: &ValidatorConfig) -> ValidatorConfig {
         bpf_jit: config.bpf_jit,
         send_transaction_service_config: config.send_transaction_service_config.clone(),
         no_poh_speed_test: config.no_poh_speed_test,
+        no_os_memory_stats_reporting: config.no_os_memory_stats_reporting,
         no_os_network_stats_reporting: config.no_os_network_stats_reporting,
         poh_pinned_cpu_core: config.poh_pinned_cpu_core,
         account_indexes: config.account_indexes.clone(),
diff --git a/validator/src/main.rs b/validator/src/main.rs
index b1577f3b3..31bfe0c36 100644
--- a/validator/src/main.rs
+++ b/validator/src/main.rs
@@ -925,6 +925,11 @@ pub fn main() {
                 .long("no-os-network-limits-test")
                 .help("Skip checks for OS network limits.")
         )
+        .arg(
+            Arg::with_name("no_os_memory_stats_reporting")
+                .long("no-os-memory-stats-reporting")
+                .help("Disable reporting of OS memory statistics.")
+        )
         .arg(
             Arg::with_name("no_os_network_stats_reporting")
                 .long("no-os-network-stats-reporting")
@@ -2362,6 +2367,7 @@ pub fn main() {
             ),
         },
         no_poh_speed_test: matches.is_present("no_poh_speed_test"),
+        no_os_memory_stats_reporting: matches.is_present("no_os_memory_stats_reporting"),
         no_os_network_stats_reporting: matches.is_present("no_os_network_stats_reporting"),
         poh_pinned_cpu_core: value_of(&matches, "poh_pinned_cpu_core")
             .unwrap_or(poh_service::DEFAULT_PINNED_CPU_CORE),