Nasdaq to pay brokers $62 mln for its mishandling of the public offering.
By Whitney Kisling and Lindsey Rupp, Bloomberg|March 25, 2013 at 07:10 AM
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Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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