Sec, Stock Market Plunge | featured news

Market-Wide Circuit Breakers Planned

Market-Wide Circuit Breakers Planned

U.S. stock exchanges and regulators will likely propose market-wide safeguards to be launched in a six-month pilot program, starting June 14.

 

SEC says no single cause of market plunge

SEC says no single cause of market plunge

The top securities regulator said no single event had been found to explain Thursday's mysterious market plunge, but the shocking drop was unacceptable and additional safeguards were coming.

 

SEC, Exchanges Agree to Create Market-Wide Circuit Breakers

SEC, Exchanges Agree to Create Market-Wide Circuit Breakers

The SEC and the major trading exchanges agreed that a market-wide "circuit-breaker" system should be established to handle the type of market volatility demonstrated in Thursday's unsettling market plunge.

 

SEC probing stock market plunge — source

SEC probing stock market plunge — source

President Barack Obama said Friday that regulatory authorities were probing one of the wildest trading days in Wall Street history that left investors, government officials and traders scratching around for a cause.

 

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