$10M penalty vs. NYSE parent goes too far, say SEC commissioners
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Two dissenting voices from the federal regulator warned the penalty could create "a counter-productive dynamic" with its regulated entities.
Two leaders at the SEC have spoken out against the regulator's multimillion-dollar penalty against Intercontinental Exchange, the parent firm of NYSE, and its subsidiaries over a failure to promptly report a breach in its data security protocols.
SEC Commissioners Hester Peirce and Mark Uyeda hav
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