Regulators approve plan for lost money in Facebook IPO

(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. The decision from the Securities and Exchange Commission was in response to a series of high-profile glitches last year that shook the market, including the handling of Facebook's long-anticipated initial public offering on May 18, 2012. (Reporting by Jennifer Saba in New York; Editing by Gerald E. McCormick)

via Tech News Headlines - Yahoo! News http://news.yahoo.com/regulators-approve-plan-lost-money-facebook-ipo-123811986--sector.html