Breaking News-RTRS-US regulators examining market close stock surges

WASHINGTON/NEW YORK, Oct 23 (Reuters) - U.S. regulators are taking a closer look at unprecedented volatility in stock markets near the close of trading, hunting for any signs of manipulation.
"It is something we're looking at," said Brendan Intindola, a spokesman for the Financial Industry Regulatory Authority. "We're really taking an extra close look at it in the light of the volatility we've seen in the market in recent weeks."
FINRA typically looks at "market on close" activity, which are orders executed as near to the end of the exchange day as possible.