Chairman Mary Schapiro said she is asking Securities and Exchange Commission staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.

The rule will call for market operators to have specific programs in place to ensure the capacity and integrity of their trading systems.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.