But that will not stop them from looking like they are doing something about it to the ignorant public. So what next? Every time they allow programmed trading to resume the market plummets another 10%? Who knows? The SEC doesn’t, I don’t, you don’t, so go ahead and put all your life’s savings into the hands of those that only make money when you rush in or flee the market.
SEC approves rule expanding flash-crash breakers – MarketWatch.