Sprecher

New York Stock Exchange Faces Lawsuit Over 2015 Blackout

The NYSE is bracing for a civil lawsuit from the SEC after a botched technology upgrade paralyzed the exchange for about four hours in July 2015. In an announcement on Tuesday, Intercontinental Exchange, the NYSE’s parent company, confirmed that it had received a Wells Notice that states the SEC’s intention to sue. Read more Intercontinental Partners received its Wells Notice on December 29, …