Eliminating stub quotes is easy enough, however, and it actually gives the SEC something they can do.

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Stub quotes are likely to be eliminated.

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The agency has been in talks with NYSE Euronext, Nasdaq and other exchanges about such a proposal, along with a plan to eliminate the so-called stub quotes, or place markers, that featured so prominently in the May 6 crash.

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Trading firms have used stub-quotes, which are bids and offers way outside the normal range, as a way of meeting minimal market making requirements.

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