The U.S. Securities and Exchange Commission says that single-stock circuit breakers could soon be implemented.

SEC spokesman, John Nester, issued a statement Friday, indicating that staff at the regulator are currently reviewing the comments it received on the idea of adopting single-stock circuit breakers. The comment period ended Thursday.



“The staff expects to present the proposals to the commission next week. If approved, the staff anticipates full implementation within a week thereafter,” he added.

In response to the market disruption of May 6, the SEC sought public comment on proposed rules that would require a pause in trading of certain individual stocks if their price moves 10% or more in a five-minute period. The rules were proposed by the national securities exchanges and FINRA.

Canadian regulators have yet to say whether they will follow suit, at least for inter-listed stocks; although they have said that they are reviewing their circuit breaker policy and are working on a response that suits the Canadian market.