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SEC Expands Circuit Breakers to Cover Russell 1000

Friday, 10 Sep 2010 | 5:06 PM ET

As expected, the SEC has expanded the stock circuit breaker program to cover all stocks in the Russell 1000 Index and certain exchange-traded funds (ETFs).

They have also clarified rules for breaking erroneous trades. The breaking of these erroneous trades was a major problem during the Flash Crash; the SEC has sought the occurrence of these trades.

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  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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