> Are you advocating against SEC or stock exchange intervention? Remember that trading can be halted by stock exchanges also in order to decelerate massive movements. If the settlement happens on even a by-minute increment, then there is no effective recourse for these interventions.

Yes, I'm advocating against them. My position is that SEC and exchange intervention makes flash crashes more rather than less severe. (Also they're harmless; artificially suppressing the volatility of the stock market makes everything more fragile, we'd be better off embracing them and making sure all market participants are equipped to handle volatility. It's like how decades of suppressing forest fires has made forest fires much worse)

> It's an explanation but doesn't explain why other stock brokers didn't impose the same limitations, nor why RH is tapping its credit lines. I say it's a diversion because it's an attempt to deflect blame for its own poor business practices and policies - e.g. if my server can't handle the load, I can't just say "well, if I had a faster load balancer...." to my users.

If your hosting service suddenly cuts your server capacity down by 2/3, I think it'd be fair to complain about that to your users.