Reuters
Technology
UBS says Nasdaq's Facebook compensation plan inadequate
Thu, Aug 23 15:54 PM EDT

By John McCrank

NEW YORK (Reuters) - The $62 million compensation plan proposed by Nasdaq OMX Group for fallout from Facebook's botched IPO is "inadequate to address the magnitude of Nasdaq's unprecedented failures", UBS Securities LLC said in a letter to U.S. regulators.


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