Bungled Facebook IPO Costs NASDAQ $10 Million Penalty

The NASDAQ OMX Group agreed to pay the U.S. Securities and Exchange Commission a $10 million penalty to settle charges related to "poor systems and decision-making" during Facebook Inc.'s initial public offering and subsequent trading.

Source: http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202602114558&rss=rss_nlj

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