October 16, 2021
The proposed rule change makes several claims that the basis for it is to create a equal and free market. However, this rule would disproportionately affect smaller organizations and retail traders as the rule change does not halt the trading of the listed security on other platforms. Additionally, this is an added regulation which creates yet another obstacle to a truly free market. The broad language used to allow suspension of trading allows for no predictable interpretation of a scenario in which this could be expected and allows significant power to be yielded solely by select individuals. Either drop the rule change all together or halt all trading of the security on all platforms. Additionally, there should be need to be a consensus for halting trading by a group and guidance on the scenarios that would necessitate this.