October 16, 2021
I object to this proposal for the following reasons:
- By giving the NYSE the power to halt trading indefinitely, this could potentially have a massive negative impact on futures.
- If the NYSE used halts, negative effect on futures is paramount to theft.
- I fail to see any benefit to retail investors. This proposal just swings the balance of power more in favour of the already (in my opinion) rigged markets.
If the SEC are indeed in the pursuit of fair and balanced markets in the US. The fact that these rule changes have been proposed at all should be ringing alarm bells and should instigate a full investigation.
The world is watching closely.