SEC fine for NYSE raises questions about other exchanges

09/19/2012 | Wall Street & Technology · Wall Street Journal, The

The Securities and Exchange Commission's $5 million fine imposed on the New York Stock Exchange for giving market data to select clients ahead of retail investors was the first time the regulator has fined an exchange. The action raises questions about what might await other exchanges. "We don't know what has been going on at the other 12 exchanges -- two of which are owned by NYSE," said Joe Saluzzi, a partner at Themis Trading.

View Full Article in:

Wall Street & Technology · Wall Street Journal, The

Published in Brief: