After the sudden and unexplained crash in the US stock markets a few days back, the US regulator seems to be doing what the Indian exchanges have been doing for well over a decade - introduce circuit breakers in individual stocks.
“I believe that circuit breakers for individual securities across the exchanges would help to limit significant volatility,” said Mary Schapiro, SEC chairman."
Though what is being recommended is perhaps closer to a 'dummy filter' which prevents erroneous trades from being entered.
See FT piece discussing the issue.
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