NASDAQ OMX Group Co., Ltd. (NDAQ.O) plans to allocate $ 10 million expected to settle the probe in its botched Facebook (fb.o.) initial public offering last year, processing, according to the Wall Street Journal reported, citing an informedpersons Nasdaq internal discussions.
Nasdaq executives have been hoping for reconciliation of about 500 million U.S. dollars, the Wall Street Journal said.
Move the exchange operator and the Securities and Exchange Commission (SEC) After months of negotiations, according to the paper. (Http://link.reuters.com/syb67t)
SEC spokesman declined to comment to the newspaper account. NASDAQ and the U.S. Securities and Exchange Commission officials could not be reached comment by Reuters outside regular business hours.
Initially, Facebook's eagerly anticipated May 18, raised $ 16 billion, listed delayed 30 minutes due to technical failure on the Nasdaq.
Exchange, then the above verdict stock trading through the use of an auxiliary system, eventually leading to delays in orders and confirmations, spend some investors big losses, after the initial gain in the stock price falls.
The U.S. regulators approved the company of the Nasdaq lost money in Facebook's market debut in March this year, far less than the estimated loss of $ 5 million worth 620,000 yuan compensation scheme.
In April this year, Nasdaq CEO Robert Greifeld cut annual bonus in 2012 from $ 542,100, citing Facebook's IPO.
 



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