Hogwash - but maybe blind mmgmt ...
See post 2688:
"... Trading suspensions
If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--
summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.
The action described in subparagraph (B) shall not take effect unless the Commission notifies the President of its decision and the President notifies the Commission that the President does not disapprove of such decision. If the actions described in subparagraph (A) or (B) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission."