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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; andrew.ackerman@dowjones.com

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
07/29/201618:40:00Talend Nudges Dormant Tech IPO Market
07/29/201616:05:00Delisting of Securities of Warren Resources, Inc., Lilis Energy...
07/29/201613:04:52Nasdaq Welcomes Talend to The Nasdaq Stock Market
07/29/201612:42:37Nasdaq Welcomes Talend to The Nasdaq Stock Market
07/29/201610:07:50OlainFarm to Ring The Nasdaq Stock Market Closing Bell
07/29/201610:00:00PGT, Inc. (Nasdaq: PGTI) to Ring The Nasdaq Stock Market Opening...
07/29/201606:00:00Talend (Nasdaq: TLND) to Ring The Nasdaq Stock Market Opening...
07/28/201615:48:06Long Island Iced Tea Corp. (Nasdaq: LTEA) to Ring The Nasdaq...
07/28/201609:02:27Bolsa de Valores de Colombia (BVC) Extends Trading Technology...
07/28/201609:02:00Bolsa de Valores de Colombia (BVC) Extends Trading Technology...
07/28/201603:00:33Nasdaq BWise GRC Platform Selected by Dubai Islamic Bank for...
07/28/201603:00:00Nasdaq BWise GRC Platform Selected by Dubai Islamic Bank for...
07/27/201618:53:14Comics Uniting Nations and UNICEF To Ring The Nasdaq Stock Market...
07/27/201613:53:00Deutsche Boerse Posts Higher Earnings on Deriviatives Trading
07/27/201610:00:00STX Entertainment’s “Bad Moms” Stars and Corporate Executives to Ri...
07/27/201607:11:42Current Report Filing (8-k)
07/27/201607:00:00Nasdaq Announces Quarterly Dividend of $0.32 Per Share
07/27/201607:00:00Nasdaq Reports Second Quarter 2016 Earnings; Delivers Record...
07/26/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
07/26/201610:00:00Cynosure, Inc. (Nasdaq: CYNO) to Ring The Nasdaq Stock Market...

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