The SEC finally puts the horse before the cart with new circuit-breakers rules.

June 11, 2010

                

First Thing's First: Stock Circuit-Breakers In Place
The SEC finally puts the horse before the cart.

http://www.forbes.com/2010/06/11/circuit-breaker-flash-crash-intelligent-investing-sec.html?feed=rss_home


BILL SINGER: On May 6, 2010 investors felt as if they were sitting in a roller coaster that suddenly flew off its tracks and headed for a fatal thud. What caused the flash crash? We're still not sure. Thankfully, Wall Street's regulators finally focused on first things first: Instead of wasting time looking for what caused the rapid meltdown, the industry's cops rushed to prevent a recurrence.

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http://www.forbes.com/2010/06/11/circuit-breaker-flash-crash-intelligent-investing-sec.html?feed=rss_home