Oct. 17, 2021
To whom it may concern, This new proposed rule change is in no way advantageous to the retail investor. The only thing that I understand this rule change to provide is to prevent liquidity escaping the market during a crash or stopping a security from achieving price discovery. However, the many cons associated with this new rule, outweighs the very few benefits, if any. I implore the SEC to not let this rule pass. Allowing another entity control of the market is a hamper to the progress you guys are attempting to make recently. The ATS and dark pools will continue to be active while the LIT market is shut down... That doesn't make sense. Keep up the good work and continue fighting for retail. Thank you for your attempts of progress. I'm relying on you guys.