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Nasdaq OMX Books $10M Charge for Facebook Fiasco

Traders Magazine Online News, April 24, 2013

Tom Steinert-Threlkeld

Nasdaq OMX said it set aside $10 million to cover its “potential resolution” with the Securities and Exchange Commission of the Nasdaq Stock Market’s failure to properly carry out the initial public offering of Facebook stock to the public in May of last year.

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