October 16, 2021
This rule proposal seems to be a way to allow trading halts for retail investors the same way that taking away the buy button on Robinhood and other brokerages did in January. This rule would stack the deck even more against little guy investors and erode even more public trust in the stock market and the the way the SEC governs itself and provides oversite to those institutions it is supposed to regulate. To halt trading because hedge funds and others will lose money, which lets be honest, is the real reason for this misguided rule, is unfair to investors and seems to be one of those rules written and paid for by lobbyists, not fellow American government employees who are supposed to work for all Americans, not the 1%.