Sweden Watchdog Fines Nasdaq's Bourse Over Insider Trade Flaws

Reported 8 months ago

Nasdaq's stock exchange in Sweden has been fined 100 million Swedish kronor by the country's financial watchdog for deficiencies in tracking insider trading violations. The investigation revealed flaws in Nasdaq Stockholm's trade monitoring related to four major company events in 2021 and 2022. While the violations did not warrant revoking the exchange's authorization, Nasdaq plans to review the decision and the regulator's interpretation of its obligations.

Source: YAHOO

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