Circuit breaker rules for stocks that would trip when a ticker moves more than 10% in a 300 second-minute rolling period, will like be unveiled next week, according to CNBC’s Bob Pisani.
Pisani writes “The SEC is expected to make an announcement on new rules early next week, likely Monday. At the same time, the exchanges will make a regulatory filing that will reflect the changes in their own rulebook…Time to implement? Likely 30 to 60 days. Why? This a complicated technology issue.”