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In the US, banks are already sidestepping the much vaunted "Volcker rule" to limit trading on their own accounts.
The Alliance technology fund says only that it reserves the right to limit trading in its fund shares.
The hearings came after President Obama said last week that he would seek to limit trading by major financial institutions.
In March, Australia introduced new rules to limit trading off-exchange, following the lead of Canada, which put regulations in place last fall.
It said the circuit breakers might be replaced by so-called limit up/limit down procedures, which limit trading in a stock beyond certain price limits.
"In today's complex electronic markets, we need an automated and appropriately calibrated way to pause or limit trading if prices move too far too fast".
Similar(45)
Do they really crowd out investment and limit trade, or can we run large deficits indefinitely?
An agreement to limit trade bans might make exporters think twice before disrupting world markets.
As a matter of trade law, countries are often allowed to limit trade with other nations on national security grounds.
This would limit trade surpluses and leave the People's Bank with less money to plow into foreign reserves.
But others are more concerned about a proposed law that would further limit trade unions' freedom to organise.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com