By The Associated Press

(AP) - NYSE PAYS FINE: The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair head start by providing them with trading data ahead of the wider public.

A FIRST: The action marked the first time the Securities and Exchange Commission ever imposed a fine on an exchange.

TOO SPEEDY: The SEC said the exchange failed to monitor the speed by which its computers deliver tailored data packages directly to certain customers, compared with its global transmissions.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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