By John McCrank and Ashutosh Pandey (Reuters) - Electronic trader Knight Capital Group said it suffered a pre-tax loss of $30 million to $35 million... full story ![]()

The SEC approves Nasdaq's $62-million plan to repay brokerages that lost money in the Facebook IPO, but UBS says it will seek to recover more through arbitration.NEW YORK — The legal fallout from Facebook Inc.'s botched initial public offering last year isn't over, although regulators approved the $62-million plan by Nasdaq OMX Group Inc. to repay brokerages that lost money...
latimes.com (1 month and 27 days ago)

NEW YORK — The Securities and Exchange Commission says it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook’s initial public offering last year. The Nasdaq had said in June that it would pay $40 million but later increased the amount to $62 million. Facebook...
time.com (1 month and 27 days ago)
Filed under: Investing The Securities and Exchange Commission has given Nasdaq OMX Group approval to repay investment firms a total of $62 million for technical problems associated with the Facebook initial public offering this past May. Facebook was one of the most anticipated IPOs of 2012, but computer problems led to delayed trades and insufficient trading information...
dailyfinance.com (1 month and 26 days ago)
Nasdaq will pay $62M in reimbursements over IPO glitches.
usatoday.com (1 month and 27 days ago)
It has now been one year since Facebook CEO Mark Zuckerberg rang the bell to open trading on Nasdaq from Menlo Park, Calif., flanked by his cheering chief operating officer, Sheryl Sandberg, and a smiling Robert Greifeld, Nasdaq’s CEO, who was wearing a t-shirt. The events that followed that moment, from costly trading glitches and rich insider sales to a stock-price plunge...
forbes.com (5 days ago)
(Reuters) - Regulators approved on Monday a plan to compensate market makers who lost money in a botched Facebook Inc public offering on Nasdaq OMX Group Inc's Nasdaq exchange.
reuters.com (1 month and 27 days ago)
Filed under: Facebook, Market News, Stock Exchanges, NASDAQGetty Images Finally, we have a deal. After months of waiting, the SEC has approved a Nasdaq OMX Group (NDAQ) proposal to create a $62 million fund for compensating those who lost money due to trading errors during Facebook's (FB) troubled IPO. Who gets the cash? See if you can decipher this byzantine language, taken...
dailyfinance.com (1 month and 27 days ago)
The Securities and Exchange Commission says it has approved a plan by the Nasdaq stock exchange to pay $62 million US in reimbursements to investment firms that lost money because of technical problems during Facebook's initial public offering last year.
cbc.ca (1 month and 27 days ago)
The Securities and Exchange Commission says it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook's initial public offering last year.
latimes.com (1 month and 27 days ago)
The Securities and Exchange Commission said Monday that it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook's initial public offering last year.
nytimes.com (1 month and 27 days ago)
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