On October 5th, the SEC announced that it has approved new exchange rules for breaking stock trades that deviate so substantially from current market prices that they are considered "clearly erroneous." The rules are intended to reduce uncertainty by providing a consistent standard across stock exchanges. SEC Press Release. See also NYSE Regulation Information Memo 09-48. Release No. 34-60759; Release No. 34-60760; Release No. 34-60775; Release No. 34-60761; Release No. 34-60777; Release No. 34-60776; Release No. 34-60762; Release No. 34-60781; Release No. 34-60782.