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BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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Nasdaq routs orders away from CBOE after brief glitch

The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in New York, April 2, 2013. REUTERS/Brendan McDermid
The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in New York, April 2, 2013. REUTERS/Brendan McDermid

By Chuck Mikolajczak

NEW YORK (Reuters) - Nasdaq OMX Group Inc said on Wednesday that several of its operated exchanges briefly declared "self-help" against the Chicago Board Options Exchange.

Self-help, which occurs when an exchange is dealing with internal problems processing trades and need to send orders through alternate venues, was declared by Nasdaq OMX PHLX, Nasdaq OMX BX Options and Nasdaq Options market systems at about 9:42 a.m.

Each of the Nasdaq operated exchanges later revoked the self-help declaration by 9:55 a.m.

A notification on the CBOE's website said there was a market data issue that lasted about 12 minutes which resulted in quotes and last sales not being disseminated to the Options Price Reporting Authority.

The notice further said the issue did not interrupt trading on the CBOE and all systems are operating normally.

(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum and Meredith Mazzilli)

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