October 15, 2021
I am not in support of this proposed ruling and I believe the SEC should reject this ruling as well because it only potentially hurts the retail investor, while allowing other market participants to trade off the NYSE in the many places where retail investors have little to no access.
I was around in January 2021 when the \"BUY\" button was deactivated, and I was unable to trade stocks in a company I deeply value, and it cost me-as an individual retail investor -a great deal financially. I also felt like my Freedom was taken away from me as my choice to participate in a supposed \"free\" market was blocked, while other traders were not stopped from trading.
To this day, no rules have been passed by the SEC to address this injustice - NOTHING. I do not wish for this type of blockage or suspension or ANY TYPE of SUSPENSION of trading to exist in the NYSE or in any exchange of this supposed \"Free\" \"Fair\" U.S. market again.
If there is a decision to be made to suspend trading in a public exchange - it should be made by a public voting process or voting of all who participate in these securities exchange trades, not just left to the discretion of the NYSE Chairman or select few NYSE Board Members \"overseeing\" a lit market where securities are traded publicly. There is too much potential for disaster when this type of decision making power and discretion is left in the hands of a few NYSE board members and a chairman that could severely negatively impact millions of retail investors/company shareholders.
Should this rule by passed - it has the potential to destroy the interests of individual retail investors.
Again, I respectfully urge the SEC to reject this proposed ruling.