The Securities and Exchange Commission announced that the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) are filing proposed rules to clarify the process for breaking erroneous trades. The rules would make it clearer when, and at what prices, trades would be broken.
SEC to Publish for Public Comment Proposed Rules for Clearly Erroneous Trades
SEC to Publish for Public Comment Proposed Rules for Clearly Erroneous Trades
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