SEC approves Nasdaq's Facebook IPO payment plan

NEW YORK (AP) — The Securities and Exchange Commission said Monday that it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook's initial public offering last year.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/sec-approves-nasdaqs-facebook-ipo-payment-plan-133619547--finance.html