Since it is the goal of the SEC to insure that free and fair markets exist, I don't see how these proposed changes will lead to that end. In fact, I believe that just the opposite will occur. The changes to this rule will cause fewer traders to make markets in these small issues, and that will mean a less competitive market. I have been an investor in small stocks for many years. The only real protection that I have is that provided by a competitive marketplace.
Competition is the key to fair pricing.
Please do not make changes that will stifle this competitiveness. Thank you for your attention to this issue.