One day following the tough talk of Security and Exchange Commission (SEC) Chairwoman Mary Jo White, the agency fined a major dark pool operator for public disclosure of confidential information about exchange participants, while one of the largest trading firms on the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) was charged with a laundry list of complaints.
![SEC filings](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20480%20482'%3E%3C/svg%3E)
SEC's $2 million fine for Liquidnet
The $2 million fine levied at Liquidnet, which trades nearly 40 million shares per day, resulted from improper release of confidential information about customers of the exchange. The SEC report...
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