Cloze 1 Four exchanges censured for anti-competitiveness The Securities and Exchange Commission 1 yesterday it 2 four US options exchanges for allegedly engaging in anti-competitive practices and 3 them collectively to spend $77m on surveillance and enforcement. Without admitting or denying the charges, the American Stock Exchange, Chicago Board Options Exchange, Pacific Exchange and Philadelphia Stock Exchange 4 to settle with the SEC and the Justice Department, which 5 options listing practices at the exchanges since last year.