September 14, 2023 at 3:00 AM EDT

Sweden’s Economic Crime Authority has raided Stockholm’s stock exchange to collect evidence for an ongoing investigation related to market abuse.

The Nordic region’s biggest exchange, which is owned and operated by Nasdaq Inc., was targeted because there was “a need for information from Nasdaq through this kind of enforcement action,” Pontus Hamilton, a prosecutor employed by the police authority, said by phone.

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Police Raid Stockholm’s Stock Exchange in Market Abuse Probe