New York Stock Exchange Settles Case Over Early Data Access – New York Times 09-14-12

Salient to Investors:

The S. E. C. cited the NYSE for compliance failures that allowed elite investors to receive stock data before the broader public – the first penalty it has levied against an exchange.

The S.E.C. also penalized the Direct Edge exchange, is pursuing the Chicago Board Options Exchange, and investigating Nasdaq over the Facebook IPO.
 

Read the full article at http://dealbook.nytimes.com/2012/09/14/n-y-s-e-settles-regulatory-action-on-trading-data/?nl=todaysheadlines&emc=edit_th_20120915