"SEC, Exchanges Mull Tight Circuit Breakers"
U.S. regulators and exchanges are considering market-wide circuit breakers that would temporarily stop trading when it falls five percent, two sources familiar with the talks said on Monday.
What a joke! Why isn't there a circuit breaker when the market is up five percent? Why even have prices at all? Maybe the Federal Reserve should peg every price at a level convenient to them.
1 comment:
yeah no kidding. this is the stupidest thing i have ever heard.
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