WASHINGTON Aug 22 U.S. Securities and Exchange
Commission Chair Mary Jo White said late Thursday she plans to
convene a meeting with exchange executives and other market
players to discuss regulatory practices after a technical
problem forced Nasdaq OMX's Nasdaq exchange to halt
trading for much of the day.
"Today's interruption in trading, while resolved before the
end of the day, was nonetheless serious and should reinforce our
collective commitment to addressing technological
vulnerabilities of exchanges and other market participants,"
White said in a statement.
She added that she will also work toward finalizing rules
proposed earlier this year that aim to bolster the security and
soundness of exchanges, clearing agencies and certain large dark
pool trading venues.
White did not provide any additional details about what went
wrong at Nasdaq.