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Top Story By Peter Chapman CME Group says a proposed limit up/limit down plan for stocks and exchange-traded products is bad market structure. The operator of four futures exchanges told the Securities and Exchange Commission in a letter last month that a plan to prevent price spikes in individual securities would do more harm than good. The CME wants the regulator to nix the proposal by the Financial Industry Regulatory Authority and the nation's stock exchanges and consider a plan of its own. | |
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