NEW YORK -- The Securities and Exchange Commission is not considering any changes to the clearly erroneous trade rules that could respond to the type of flood of incorrect orders sent onto the nations stock markets Aug. 1 by market maker Knight Capital.
"We will always be revisiting rules after particular experiences,'' if there is concern about how the rules are working, chairman Schapiro told Traders Magazine at the annual meeting of the Securities Industry and Financial Markets Association here. "But I wouldn't say there is anything concrete planned," after the Knight incident.
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