In what would be a largest ever fine levied on the U.S. Stock Exchange, NASDAQ’s parent company, NASDAQ OMX Group Inc. (NASDAQ: NDAQ) has been asked to pay $10 million by the Securities and Exchange Commission (SEC) for a botched IPO of social networking giant Facebook (NASDAQ: FB).
Continue reading NASDAQ Fined $10 Million for Facebook IPO Mishandling (FB, NDAQ)