October 18, 2021
I believe that this rule will give too much power to the NYSE chairman and can be abused.
I don't have faith that this rule will be used for the benefit of the public, especially since the chairman has connections to Ken Griffin.
The chairman can be bribed to suspend lit exchanges for the benefit of short sellers who are very over leveraged in certain stocks.
Check out this link to understand why I think that this rule is a very bad idea,
https://www.salon.com/2020/12/17/this-hedge-fund-billionaire-is-a-huge-fan-of-sen-kelly-loeffler--but-why/