October 15, 2021
This is not right. We all know why they want to implement this rule. It has nothing to do with retail investor protection and everything to do with protecting the people who are extremely over leveraged and made a bad bet. Our technology standards can support any amount of volatility without issue. The SEC can halt and suspend trading when it gets to volatile we dont need the NYSE to do the same. It is unfair and bias to the retail investors. We already know what happened on January with GME and the outrage it has brought to the stock market. We need to let these things play out the way they are intended to do so. If you allow this and people continue to control the stock market in their favor you will loose trust in the retail sector and many foreign investors.