Rewiring the switch — SEC to test new circuit breakers
$225.00
Description
Abstract: On May 6, 2010, the Dow Jones Industrial Average plunged approximately 1,000 points — and then recovered those losses in a matter of minutes. In the wake of the “Flash Crash,” the SEC acknowledged that the existing “circuit breaker” system designed to protect the financial markets from excessive volatility and massive panic selloffs could use some rewiring. This article discusses two pilot initiatives that will take effect in 2013.
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