Nasdaq Keeps Communication To a Minimum Post-Facebook IPO

Nasdaq came under fire for botching the Facebook IPO, but still hasn’t felt the need to respond with a strong and unified crisis response, a Reuters article says. The story offers a few reasons:

  1. Lawsuits.
  2. “[M]any people who deal with Nasdaq regularly, or are familiar with how it has handled its customer relationships, say even if there were no legal issues, the silence and lack of contrition expressed to market makers is par for the course.”
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