Law360, New York ( July 7, 2014, 10:37 AM EDT) -- The U.S. Securities and Exchange Commission on May 1, 2014, announced a settlement with the New York Stock Exchange LLC and certain of its affiliates (collectively, the NYSE), addressing a variety of practices — including informational disparities and the current hot-button topic of co-location.[1] In this latest settlement concerning electronic trading and the dissemination of market data,[2] the NYSE agreed, without admitting or denying the SEC's findings, to settle charges relating to a wide variety of historic conduct that largely took place between 2005 and 2011. As part of the settlement, the NYSE consented to a $4.5 million civil monetary penalty and the retention of a compliance consultant....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
