FINRA and National Exchanges Propose to Extend Clearly Erroneous Trade and Circuit Breaker Pilot Programs | Practical Law

FINRA and National Exchanges Propose to Extend Clearly Erroneous Trade and Circuit Breaker Pilot Programs | Practical Law

An update on FINRA's and NASDAQ's extension of the circuit breaker pilot program and FINRA's, NASDAQ's and NYSE's clearly erroneous trade pilot program until January 31, 2012. The proposed extensions are effective on filing, subject to a 30-day operative delay period that the SEC may waive.

FINRA and National Exchanges Propose to Extend Clearly Erroneous Trade and Circuit Breaker Pilot Programs

by PLC Corporate & Securities
Published on 08 Aug 2011 • USA (National/Federal)
An update on FINRA's and NASDAQ's extension of the circuit breaker pilot program and FINRA's, NASDAQ's and NYSE's clearly erroneous trade pilot program until January 31, 2012. The proposed extensions are effective on filing, subject to a 30-day operative delay period that the SEC may waive.