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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
09/29/201606:00:00Tom Coughlin Jay Fund Foundation to Ring The Nasdaq Stock Market...
09/29/201606:00:00Tabula Rasa HealthCare, Inc. (Nasdaq: TRHC) to Ring The Nasdaq...
09/28/201606:00:00FXCM Inc. (Nasdaq: FXCM) to Ring The Nasdaq Stock Market Opening...
09/27/201611:00:00Nasdaq Entrepreneurial Center Celebrates First Anniversary: Support...
09/27/201610:00:00Northern Trust Corporation (Nasdaq: NTRS) to Ring The Nasdaq...
09/26/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
09/26/201612:28:20Six Exchanges Collectively Fine Merrill Lynch $3 Million for...
09/26/201610:25:53TubeMogul, Inc. (Nasdaq: TUBE) to Ring The Nasdaq Stock Market...
09/26/201609:37:27Nasdaq Scheduled Resumption in SkyPeople Fruit Juice, Inc.
09/26/201608:50:00CBOE Holdings to Buy Bats for $3.2 Billion
09/23/201617:35:57Nasdaq Welcomes Gridsum Holding Inc. (Nasdaq: GSUM) to The Nasdaq...
09/23/201616:05:00Delisting of Securities of BIND Therapeutics, Inc., InterCloud...
09/23/201615:22:56Nasdaq Welcomes Apptio (Nasdaq: APTI) to The Nasdaq Stock Market
09/23/201610:00:00Advertising Week 2016 to Ring The Nasdaq Stock Market Closing...
09/23/201610:00:00Cogint, Inc. (Nasdaq: COGT) to Ring The Nasdaq Stock Market Opening...
09/23/201606:00:00Gridsum Holdings, Inc. (Nasdaq: GSUM) to Ring The Nasdaq Stock...
09/23/201606:00:00Apptio, Inc. (Nasdaq: APTI) to Ring The Nasdaq Stock Market Opening...
09/22/201612:33:41Nasdaq Welcomes CapStar Financial Holdings, Inc. (Nasdaq: CSTR...
09/22/201611:05:23Nasdaq Appoints John Shay Global Head of Fixed Income and Commodities
09/22/201606:00:00CapStar Financial Holdings, Inc. (Nasdaq: CSTR) to Ring The Nasdaq...

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