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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
01/17/201710:00:00Genius Brands International, Inc. (Nasdaq: GNUS) to Ring The...
01/17/201710:00:00Novanta Inc. (Nasdaq: NOVT) to Ring The Nasdaq Stock Market Opening...
01/13/201713:09:41people.io to Ring The Nasdaq Stock Market Closing Bell
01/13/201710:06:40Tactile Systems Technology, Inc. (Nasdaq: TCMD) to Ring The Nasdaq...
01/12/201711:20:41The Nasdaq Stock Market® Led US Listing Exchanges with 38 Percent...
01/12/201710:06:00NBC News’ “Sunday TODAY with Willie Geist” to Ring The Nasda...
01/12/201710:06:00CNBC's “Fast Money” to Ring The Nasdaq Stock Market Closing Bel...
01/11/201716:30:00Nasdaq December 2016 Volumes, 4Q16 Est. Revenue Capture
01/11/201716:05:00Nasdaq Announces End-of-Month Open Short Interest Positions in...
01/11/201710:00:00PCTEL, Inc. (Nasdaq: PCTI) to Ring The Nasdaq Stock Market Opening...
01/11/201710:00:00Reven Housing REIT, Inc. (Nasdaq: RVEN) to Ring The Nasdaq Stock...
01/10/201714:23:59The First Class of Milestone Makers to Ring The Nasdaq Stock...
01/10/201710:00:00Littelfuse, Inc. (Nasdaq: LFUS) to Ring The Nasdaq Stock Market...
01/09/201710:05:008x8, Inc. (Nasdaq: EGHT) to Ring The Nasdaq Stock Market Opening...
01/09/201710:05:00Ichor Holdings, Ltd. (Nasdaq: ICHR) to Ring The Nasdaq Stock...
01/09/201706:00:00Muscular Dystrophy Association (MDA) to Ring The Nasdaq Stock...
01/06/201710:05:00Deloitte Technology Fast 500 to Ring The Nasdaq Stock Market...
01/05/201711:37:30lululemon athletica inc. (Nasdaq: LULU) to Ring The Nasdaq Stock...
01/05/201711:32:53Juicero to Ring The Nasdaq Stock Market Closing Bell
01/04/201717:05:00Statement of Changes in Beneficial Ownership (4)

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