Sweden fines Nasdaq $9.6 million over regulatory violations

STOCKHOLM, June 19 (Reuters) – Sweden’s financial supervisory authority has fined Nasdaq Stockholm (NDAQ.O), opens new tab 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said in a statement on Wednesday.

“Investigations show that, in conjunction with … four company events, there have been deficiencies in how Nasdaq Stockholm has conducted its trading monitoring, which should prevent, identify and report insider dealing,” it said.

Source: REUTER