October 16, 2021
The underlying argument supported by 15 USC 78.f is that the ability for a single individual to suspend trading due to their personal interpretation of the undefined term \"public interest\", conflicts with the necessity of the rules to \"prevent manipulation\" and not \"permit unfair discrimination\".
It's not the action of suspension itself that is the issue (as 17CFR permits it)but the possible intentions of the entities who are designated to call the suspension.
\"Public Interest\" is one of the biggest loopholes for potential abuse, as it remains undefined by US laws, regulations, and the NYSE.
This is just one more way to give EVEN MORE unfair advantages to the powerful. This is truly disgusting and I hope to God it is not approved.