New York Stock Exchange fined by SEC over outages, repeat violations – MarketWatch

The New York Stock Exchange and two of its more specialized exchanges on Tuesday were fined by the Securities and Exchange Commission, for allegedly making up rules as they went along in the face of market volatility.

The $14 million fine in part was the result of being a recidivist after previous violations were settled in 2014, the SEC said.

via New York Stock Exchange fined by SEC over outages, repeat violations – MarketWatch.