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Nasdaq to pay $10M to settle charges of Facebook IPO disruption

WASHINGTON — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year.
The Securities and Exchange Commission says the penalty is the largest ever imposed against an exchange. Nasdaq also has had… …read more
Source: NY Post

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Posted by on May 30, 2013. Filed under Business News,U.S. News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.