October 18, 2021
The proposed rule is ludicrous and absolutely nothing short of a kill switch during inconvenient times for the CEO/CHAIRMAN. How can one man/woman have all that power? Does the SEC seriously care about the interest of retail and their protection? Or just the interest and protection of those whose pockets are fat and overflowing? The fact that this rule would allow ONE person to decide in his/her OPINION to halt trading on ANY or ALL securities is absolutely ridiculous and clearly a conflict of interest.