Kraig Biocraft Laboratories Inc (KBLB)

[tacobellsucks]

Rule 201 includes the following features:

*

Short Sale-Related Circuit Breaker: The circuit breaker would be triggered for a security any day in which the price declines by 10 percent or more from the prior day's closing price.
*

Duration of Price Test Restriction: Once the circuit breaker has been triggered, the alternative uptick rule would apply to short sale orders in that security for the remainder of the day as well as the following day.
*

Securities Covered by Price Test Restriction: The rule generally applies to all equity securities that are listed on a national securities exchange, whether traded on an exchange or in the over-the-counter market.
*

Implementation: The rule requires trading centers to establish, maintain, and enforce written policies and procedures that are reasonably designed to prevent the execution or display of a prohibited short sale.

* * *

http://www.sec.gov/news/press/2010/2010-26.htm

Complete SEC rule pdf file link below:

http://www.sec.gov/rules/final/2010/34-61595.pdf