NewsSEC to Publish for Public Comment Stock-by-Stock Circuit Breaker Rule Proposals

SEC to Publish for Public Comment Stock-by-Stock Circuit Breaker Rule Proposals

Publication date: 19 May 2010

The Securities and Exchange Commission announced that in response to the market disruption of May 6, the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) are filing proposed rules today under which they would pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period.

The Securities and Exchange Commission (SEC) announced that in response to the market disruption of May 6, the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) are filing proposed Circuit Breaker rules under which they would pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period - Mary Schapiro left pleased.