UBS says Nasdaq's Facebook compensation plan inadequate

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.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/uKgH9czYVZE/us-nasdaq-facebook-compensation-idUSBRE87L0W620120823

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