Sweden Fines Nasdaq Stockholm $9.6 Million, Issues Remark for Regulatory Violations

Jun 19, 2024, 07:30 AM

Sweden's financial supervisory authority, Finansinspektionen, has fined Nasdaq Stockholm 100 million Swedish crowns ($9.6 million) for regulatory violations. The fine, along with a formal remark, was issued due to deficiencies in how Nasdaq Stockholm conducted its trading monitoring, which is supposed to prevent, identify, and report irregularities. The violations occurred on several occasions in recent years.