US regulators approve plan for lost money in Facebook IPO
The decision from the US Securities and Exchange Commission was in response to a series of high-profile glitches last year that shook the market
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US regulators approved on Monday a plan to compensate market makers who lost money in a botched Facebook Inc
The decision from the US 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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First Published: Mar 25 2013 | 6:09 PM IST