Jenner & Block

Client Advisory: SEC Approves Circuit Breaker Rules In Response To "Flash Crash" of May 6, 2010

In this advisory, Partners Jerry J. Burgdoerfer, William L. Tolbert Jr., Elaine Wolff and Associate Jonathan W. Riley discuss the newly approved SEC Circuit Breaker Rules, which were designed to avoid "Flash Crash" situations similar to what occurred on May 6, 2010.  As the authors note, while many feel these rules were an appropriate response to the event, this is only one step regulators have implemented to remedy this potential destabilizing price volatility.