Oct. 16, 2021
I strongly oppose this rule. That it is based on the opinion of an individual and does not provide for any stipulation, objection, guideline or specificity allows it to be open to abuse. In addition, existing rules provide for the halting of trading, both on individual stocks and to the market as a whole. This seems capricious and quite simply an attempt to prevent brokers and market makers from being examined by the law and regulatory bodies. It is a blatant attempt to protect incumbent players when they have made bad decisions which adversely affect them, while punishing those who would benefit. Implementation of this rule will reduce investor confidence in the market. Regards, Michael Behrens