Effectiveness of Extension of Trading Pause Pilot (SEC Release # 34-65071)

76 FR XXX

August 9, 2011

The SEC declared immediately effective a FINRA proposal to extend the effective date of its trading halt pilot through January 31, 2012 (separate orders were issued extending similar rules at national securities exchanges). The pilot was jointly developed by the SROs and provides them with the authority to halt trading in certain securities under times of "extraordinary volatility."

Cross References

• FINRA Rule 6121.01
• SEC Release No. 34-62251 (approving FINRA rule)
• SEC Release No. 34-64735 (extending FINRA pilot to all NMS stocks)