Sweden fines Nasdaq $9.6 million over regulatory violations
Tweet
Share
E-mail
FILE PHOTO: The Nasdaq Market site is seen in New York City, U.S., March 26, 2024. REUTERS/Brendan McDermid/File Photo
STOCKHOLM (Reuters) - Sweden's financial supervisory authority has fined Nasdaq Stockholm 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said in a statement on Wednesday.
"Investigations show that, in conjunction with ... four company events, there have been deficiencies in how Nasdaq Stockholm has conducted its trading monitoring, which should prevent, identify and report insider dealing," it said.
"The investigations also show that Nasdaq Stockholm on two occasions initiated trading in financial instruments in violation of the regulatory framework."
($1 = 10.4251 Swedish crowns)
(Reporting by Anna Ringstrom, editing by Terje Solsvik)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- At Cornell, rape allegations spark outrage, soul-searching over campus culture
- Top Americas diplomats back joint call for Nicaragua to restore civic liberties
- Dutch eyewear chain Hans Anders halts sale of Meta glasses, citing privacy concerns
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
