NYSE Fined $9 Million by SEC over Glitch that Disrupted Stock Market

NYSE to Pay SEC $9 Million Tied to 2023 Market Outage Turmoil

NYSE fined $9 million by SEC over glitch that disrupted stock market

The New York Stock Exchange has agreed to pay a $9 million civil fine ​to settle U.S. Securities and Exchange Commission charges over ‌a computer glitch that disrupted the stock market open in January 2023, causing wild swings in the prices of blue-chip stocks.

NYSE Agrees to $9M SEC Penalty After 2023 Opening Auction Failure

The post NYSE Agrees to $9M SEC Penalty After 2023 Opening Auction Failure appeared on BitcoinEthereumNews.com. The New York Stock Exchange will pay a $9 million civil penalty to settle a US Securities and Exchange Commission case. The case relates to a January 2023 systems failure that disrupted the opening of trading in thousands of stocks. The failure prevented standard opening auctions in 2,824 NYSE-listed securities. That error led to tradi…

NYSE sanctioned over market outage

Maintenance mishap led to failure of market opening auctions The post NYSE sanctioned over market outage appeared first on Investment Executive.

SEC charges NYSE for failing to establish policies and procedures to monitor opening auctions

The Securities and Exchange Commission (SEC) today announced settled charges against the New York Stock Exchange LLC (NYSE) related to a January 2023 event.