October 18, 2021
This amendment is unnecessary. The \"circuit-breaker\" function implemented already allows for halting during excessive trading days. The market activity itself affects/triggers the function.
Putting this same power in one person's undoubtedly biased hands removes the ideas of what your markets are based on which is free and transparent.
Even if the person who chooses to use this does not hold any stock/options/futures/bonds themselves, they will likely have family, friends or business associates that will possibly benefit from the use of this amendment.
The addition of this amendment seems a power grab to protect people at the top of the investing world. People at the beginning of their investing journey or people at the bottom with little to invest will not be considered when activating this amendment and will be directly affected by it.
It is too much power for one person to wield and will erode confidence in your exchange.
Please reconsider and do not finalize this amendment.