[ by Melanie Gretchen ] Knight Capital Group will likely support Nasdaq's revised proposal to compensate brokers for losses as a result of Facebook's botched IPO, according to a person familiar with the broker's position. What Knight Stands to Gain. As of last week, the firm reported a $35.4 million loss related to trading in Facebook's 5/18 initial public offering.  On Friday, the exchange submitted a plan to the SEC detailing an increase to $62 million in payouts, to be made within six months if approved by regulators, and made in cash.  Initially, Nasdaq OMX Group proposed a $40 million plan that included $13 million in cash and $27 million in discounted trading fees. In addition to the increased amount, Nasdaq's elimination of trading credits and its move to add an additional type of trade as being eligible for compensation garnered Knight's support, the person said.  To this end, the firm will file a comment letter with the SEC, after the agency opens a period allowing for comment on the Nasdaq proposal. For further details, go to [Fox Business 7/24/12].