Wednesday, June 16, 2010

New Circuit Breaker Rules on Stock Trades

Source: SEC

SEC Approves New Stock-by-Stock Circuit Breaker Rules

Washington, D.C., June 10, 2010 — The Securities and Exchange Commission today approved rules that will require the exchanges and FINRA to pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period. The rules, which were proposed by the national securities exchanges and FINRA and published for public comment, come in response to the market disruption of May 6.

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