SEC Approves Circuit Breaker Revamp
The US Securities and Exchange Commission (SEC) today approved a new set of rules that will establish stock-by-stock circuit breakers for the US cash equities markets.
The regulator expects the Financial Industry Regulatory Authority (Finra) and the self-regulatory organizations (SROs) to begin implementing the new rules as early as June 11.
Under the new regulations, if a price of a selected stock moves 10 percent or more in a five-minute period compared to the previous five-minute period, the
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