Market regulation · 03/09/2010

SEC Extends Review Period for Proposed Rule Changes by 13 Self-Regulatory Organizations

The Securities and Exchange Commission (SEC) has granted a longer period for review of proposed rule changes by 13 self-regulatory organizations, including BATS Exchange, Inc. and NYSE Arca, Inc., related to clearly erroneous transactions. The review period has been extended from 180 days to 240 days.