Proposed Rule Change to Amend FINRA Rules in Accordance with the Regulation NMS Plan to Address Extraordinary Market Volatility

FINRA filed with the SEC a proposed rule change to amend FINRA rules in accordance with the provisions of the Regulation NMS Plan to Address Extraordinary Market Volatility. The proposal is described by FINRA as combining a so-called "Limit Up-Limit Down" rule with trading pauses. The rule amendments would be implemented on a one-year pilot basis.

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