NYSE Euronext not sold on SEC program

06/6/2013 | Securities Technology Monitor

The NYSE Euronext voiced support for liquidity replenishment points in U.S. equity markets and is attempting to bring back LRPs for periods not covered by the limit-up/limit-down program. NYSE was critical of the SEC for not allowing it to test the LRPs with the new programs, but the SEC is confident that the limit-up/limit-down program will prevent market volatility. Read SIFMA's letter related to this issue.

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