October 16, 2021
Sec Chairman,
I believe that this rule change is going to be bad for markets and make them less transparent. Allowing the NYSE to halt trading while bigger players can still trade on the dark exchanges will give large investors like hedge funds more ability to manipulate the market then they already have. While retail will be sitting twiddling their thumbs hedges will be working in the dark pools to trade during NYSE trade halts to cheat retail out of their money. If a security trade is halted then it should be halted on all exchanges and OTC. Not be tradable at all during halts buying or selling.
As a retail trader I am against proposed rule change 7.13