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Speed Trader Fined $1 Million for Nasdaq Manipulation Scheme

Traders Magazine Online News, October 17, 2014

Keri Geiger and Sam Mamudi

Athena Capital Research LLC used $40 million to rig prices of thousands of stocks including EBay Inc. for at least six months in 2009, U.S. regulators said today when fining the high-speed trading firm $1 million.

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