FINRA: Proposed Rule Change to Extend the Effective Date of the Trading Pause Pilot

FINRA filed with the SEC a proposed rule change to amend FINRA Rule 6121 ("Trading Halts Due to Extraordinary Market Volatility") to extend the effective date of the pilot until the earlier of the initial date of operations of the Regulation NMS Plan to Address Extraordinary Market Volatility or February 4, 2014.The pilot is currently scheduled to expire on February 4, 2013.

See:Text of Proposed Rule Change (links externally to FINRA website).