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World news about “Nasdaq” published by euronews.

29/05 19:30 CET

Nasdaq pays $10 million to SEC over Facebook snafu

Nasdaq pays $10 million to SEC over Facebook snafu

The Nasdaq stock exchange is to pay $10 million in penalties to the US Securities and Exchange Commission over the botched initial public offering of shares in Facebook. The SEC said the Nasdaq was ill-prepared for the flotation, did not properly anticipate the likely demand…