Market Reform Act of 1990

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Market Reform Act of 1990

Legislation in the United States that for the first time permitted the SEC to restrict certain kinds of trading, notably program trading, during "periods of extraordinary volatility." The Act also provided for more efficient reporting measures for securities trading and authorized the SEC to create a national system for the settlement of transactions. It was passed in response to the S&L crisis of the late 1980s.
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Market Reform Act of 1990

Federal legislation that allows the SEC to influence trading practices such as program trading during periods of extraordinary market volatility. This legislation was enacted in response to the October 1987 market decline.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Mr Fiske added: "Britain's energy needs have evolved since the scheme was designed and the government has included storage in the 2014 Electricity Market Reform Act with the aim of helping ensure that Britain does not suffer blackouts."
Britain's energy needs have evolved since the scheme was designed and the Government has included storage within the 2014 Electricity Market Reform Act, with the aim of helping to ensure that Britain does not suffer blackouts.
Blue Cross Blue Shield of Michigan's recent announcement that its rate increases will be in the moderate range of 4 percent is good news for small employers and evidence that Michigan's Small Employer Health Market Reform Act of 2003 is beginning to take hold.