October 15, 2021
Disgusting, this seems blatantly being made to freeze retail investors for their own protection. Even if this rule were to be maintained cant you disregard the chairs digression aspect and switch it to either implied volatility, share count percentage, price change, something thats actually calculable and observable and doesnt stink of insider bs? Try to be a little more transparent with this so people can see why you activate not just because. Also, an outline of how long the delay based on those metrics would go a long way to show transparency. You say no longer then 2 days, but 2 days is a long time to stop all trading on any security without some concrete reason,. Make a time line that shows how long you can delay trading based on observable metrics please.