NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market, LLC (“Nasdaq”) today announced that it censured SpeedRoute LLC (“SpeedRoute”) and fined the firm $450,000 for violating various provisions of Rule 15c3-5 of the Securities Exchange Act of 1934 (known as the Market Access Rule) over a nearly five-year period, from January 2017 through November 2021. As a result of these violations, the Firm failed to prevent the transmission of numerous erroneous orders, resulting in the filing
Shares of popular next-generation exercise machine company Peloton Interactive (NASDAQ: PTON) ended the week on a down note. The stock fell by nearly 4% on Friday, after it was dropped from a high-profile equity index. After market hours on Thursday, Nasdaq (NASDAQ: NDAQ) announced that Peloton stock would no longer be on its Nasdaq-100 Index.
The annual inflation rate in the United States accelerated to 7% in December of 2021, marking a new 40-year high.