SEC To Monitor Securities Markets When They Open Monday
FOR IMMEDIATE RELEASE
Washington, D.C., September 16, 2001 The Commission today confirmed that all the nation's securities markets will be open for business on Monday, September 17, 2001. As a result of successful systems tests conducted on Saturday by securities exchanges and various market participants, all equities markets have announced that they will resume normal trading on Monday. The tests, which the Commission monitored, verified that all systems are sound and operational. The Commission is satisfied with the conclusions reached by the stock exchanges and the Nasdaq, and will continue to monitor the systems when trading resumes. The Commission wishes to acknowledge the tremendous cooperation of so many in the private and public sectors throughout this effort.
The Commission also announced that it has issued an order granting temporary relief to the American Stock Exchange that permits Amex specialists to function as floor brokers due to space limitations in connection with Amex's relocation of part of its operations. A copy of the order is available at www.sec.gov.
Regulatory and Interpretive Releases Related to the Market Recovery