Word: safeguards
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...exchanges, at which the simultaneous program trading of stocks in New York City and index futures in Chicago can create fearsome volatility, agreed to impose restrictions when prices begin falling out of control. One safeguard will be a "shock absorber," a half an hour price floor that will go into effect on the Standard & Poor's 500 index whenever it drops on the Merc by the equivalent of about 96 points on the Dow Jones average. Under even more stormy conditions, if the Dow drops 250 points, a "circuit breaker" would halt trading for one hour on both...
Granted, the joint U.S.-international presence in the Gulf will not, by itself, quell Iranian revolutionary ambitions or safeguard the region's oil reserves. Other steps are desirable as well, such as an international arms embargo and a boycott of Iranian oil. The only problem is that, so far, such diplomatic efforts have stalled, as China and the Soviet Union have refused to join an arms embargo...
Researchers in the Biological Labs and the Medical School wear protective clothing daily to safeguard themselves from radiation. Clerical workers use computers for several hours each day, risking cancer and infertility caused by VDT terminals. Many employees in Widener library have to spend time shelving books in the stacks, where there is virtually no ventilation. In addition, asbestos, which can cause cancer if inhaled, has been found in virtually every Harvard building...
...reform that would have curbed Chicago's latitude. Last week, however, a White House working group on the crash delivered a quite different report, one that essentially exonerated the futures markets. The group, which included Treasury Secretary James Baker and Federal Reserve Chairman Alan Greenspan, recommended only one significant safeguard: a so-called circuit breaker that would interrupt trading in most U.S. financial markets for one hour if the Dow fell 250 points from the | previous day's close and for two hours if it dropped 400 points. In congressional testimony later in the week, Greenspan defended stock-index arbitrage...
...primary task of all U.S. personnel in Panama is to safeguard the canal until it is handed over by treaty to the Panamanian government...