April 21, 2016 BY LeapRate Staff
SEC extends Limit-Up-Limit-Down market volatility pilot by one year
The U.S. Securities and Exchange Commission (SEC) today issued an order to extend for one year the pilot period of the National Market System Plan to address extraordinary market volatility, commonly known as the limit up-limit down (LULD) plan. The SEC also approved a modification to the manner in which the LULD plan establishes the…
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