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SEC smacks NYSE for violating trading rules

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The New York Stock Exchange and several affiliates will pay a $4.5 million penalty to settle civil charges over what the SEC says were repeated failures to comply with exchange rules and federal laws.

S&P warns exchanges-clean up your glitches or else

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Standard & Poor's has just released a very interesting report with a pointed warning to all the stock exchanges in the U.S.: exchanges that have significantly more technical problems than others could lose market share as investors lose confidence in the exchange.

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