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Senate Banking Committee To Review Facebook IPO

By Andrew Ackerman Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Senate Banking Committee plans to review the initial public offering of Facebook Inc., a Democratic aide said Wednesday. Described as an informal inquiry, the committee plans to "learn more about issues raised in the news regarding Facebook's IPO by conducting staff briefings with Facebook, regulators and other stakeholders," the aide said. The statement comes a day after Securities and Exchange Commission Chairman Mary Schapiro told the committee it too would review "issues" surrounding the IPO. Nasdaq OMX Group Inc. has said it would have put the brakes on the offering had its executives known the full extent of technical problems that occurred, including delayed trading and order cancellation problems. In a statement on Friday after the first day of trading, SEC spokesman John Nester said "as is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it." -By Andrew Ackerman, Dow Jones Newswires; 202-569-8390; [email protected]

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
02/24/201710:58:01Feeding America to Ring The Nasdaq Stock Market Opening Bell
02/24/201710:46:56Summer Infant, Inc. (Nasdaq: SUMR) to Ring The Nasdaq Stock Market...
02/23/201716:30:00Statement of Changes in Beneficial Ownership (4)
02/23/201710:00:00Cellect Biotechnology Ltd. (Nasdaq: APOP) to Ring The Nasdaq...
02/23/201710:00:00Women Veterans on Wall Street to Ring The Nasdaq Stock Market...
02/22/201710:00:00Bank of Montreal and Elkhorn Investments, LLC to Ring The Nasdaq...
02/22/201710:00:00Microbot Medical Inc. (Nasdaq: MBOT) to Ring The Nasdaq Stock...
02/21/201710:00:00Imperva, Inc. (Nasdaq: IMPV) to Ring The Nasdaq Stock Market...
02/21/201704:30:17Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
02/21/201704:30:00Nasdaq and Borse Dubai Sign Landmark Market Technology Deal  
02/17/201710:09:45Comtech Telecommunications Corp. (Nasdaq: CMTL) to Ring The Nasdaq...
02/17/201710:09:45Waterstone Financial, Inc. (Nasdaq: WSBF) to Ring The Nasdaq...
02/16/201711:42:06DKMS and Supermodel Coco Rocha to Ring The Nasdaq Stock Market...
02/16/201710:05:09VH1’s “The Breaks” to Ring The Nasdaq Stock Market Opening Bell...
02/16/201708:45:40The Bowery Mission to Ring The Nasdaq Stock Market Closing Bell
02/16/201708:00:33Nasdaq to Power EBS BrokerTec's Market Surveillance Efforts
02/16/201708:00:00Nasdaq to Power EBS BrokerTec’s Market Surveillance Efforts
02/15/201710:00:00The Academy of Nutrition and Dietetics to Ring The Nasdaq Stock...
02/14/201717:05:14Annual Statement of Changes in Beneficial Ownership (5)
02/14/201716:40:34Annual Statement of Changes in Beneficial Ownership (5)

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