ARTICLE
26 April 2019

FINRA Extends Pilot For Market-Wide Circuit Breakers In NMS Stocks

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
FINRA proposed to extend the pilot period relating to FINRA Rule 6121.02 ("Market-Wide Circuit Breakers in NMS Stocks") until October 18, 2019.
United States Finance and Banking

FINRA proposed to extend the pilot period relating to FINRA Rule 6121.02 ("Market-Wide Circuit Breakers in NMS Stocks") until October 18, 2019. FINRA filed the proposal for immediate effectiveness and noted that it will file a separate proposal to operate Rule 6121.02 on a permanent basis.

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