The Securities and Exchange Commission has sought the Philippine Stock Exchange Inc.’s explanation why it has suffered another trading halt a week ago, the first this year after the latter claimed to have fixed its system.

The agency’s markets and securities regulation department (MSRD), during the regulator’s en banc meeting, reported that it has already asked the PSE to explain in writing as to why it has no back up communication line that may be resorted to in case its main line is disconnected.

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