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Knight Capital Backs Nasdaq $62M Facebook IPO Payout

By Erica Teichert (August 30, 2012, 3:59 PM EDT) -- Knight Capital Group Inc. told U.S. regulators Wednesday that it would back Nasdaq OMX Group Inc.'s proposed $62 million payout to investors who lost money because of glitches at the exchange during Facebook Inc.'s initial public offering but urged them to continue discussing preventative regulatory reforms....

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