SEC considers Nasdaq's proposal to limit volatility:

10/19/2010 | Wall Street Journal, The

The Securities and Exchange Commission said it will decide whether to allow Nasdaq OMX Group to launch its Volatility Guard by January. The proposed service, developed by Nasdaq OMX in the wake of the May 6 "flash crash," would halt trading of the exchange's stocks if prices rapidly move too far. NYSE Euronext has a similar process in place for highly volatile stocks.

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