Reuters: Regulatory News: U.S. regulators approve plan for lost money in Facebook IPO

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

U.S. regulators approve plan for lost money in Facebook IPO Mar 25th 2013, 12:36 March 25 | Mon Mar 25, 2013 8:36am EDT March 25 (Reuters) - U.S regulators approved on Monday a plan to compensate market makers who lost money in a botched Facebook Inc public offering on Nasdaq OMX Group Inc's Nasdaq exchange. The decision from the U.S. Securities and Exchange Commission was in response to a series of high-profile glitches last year that shook the market, including the handling of Facebook's long-anticipated initial public offering on May 18, 2012.

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