The Securities and Exchange Commission ( SEC ) is likely to file charges against the New York securities Exchange ( NYSE ) due to a botched asset upgrade that stopped trading for nearly four hours on 8 July 2015 . Intercontinental Exchange , which owns NYSE , received a " confidential Notice " from the SEC but stated in its annual report that any enforcement action is " unknown at this time " .
The Securities and Exchange Commission (SEC) is likely to file charges against the New York Stock Exchange (NYSE) relating to a botched software upgrade that stopped trading for nearly four hours on 8 July 2015. Intercontinental Exchange, which owns NYSE, received a "Wells Notice" from the SEC but stated in its annual report that any enforcement action is "unknown at this time".