October 15, 2021
This proposed rule change does nothing to create retail trust in the market. In fact, it does the opposite, by providing self-serving market makers yet another tool to manipulate individual stocks at their will.
If the SEC wants to rebuild trust in the American market, you need to start with cleaning up the extant nonsense that exists under the guise of protecting the investor but in practice is used to help manipulate the market in favor of those who hold the most money.