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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
05/22/201510:00:00Immune Pharmaceuticals Inc. (Nasdaq: IMNP) to Ring The Nasdaq...
05/22/201510:00:00Diodes Incorporated (Nasdaq: DIOD) to Ring The Nasdaq Stock Market...
05/21/201515:33:41New York Society of Security Analysts to Ring The Nasdaq Stock...
05/21/201515:21:51Granges AB [GRNG] to Ring The Nasdaq Stock Market Opening Bell
05/21/201510:59:07Photo Release -- Nasdaq Welcomes Baozun Inc. (Nasdaq: BZUN) to...
05/21/201510:00:04Focus Media to List in China Through Reverse Merger
05/21/201506:00:00Baozun Inc. (Nasdaq: BZUN) to Ring The Nasdaq Stock Market Opening...
05/20/201516:05:00Delisting of Securities of Life Partners Holdings Inc., SIGA...
05/20/201512:15:10What Is the S&P 500 Index?
05/20/201510:00:00SEB to Ring the Nasdaq Stock Market Closing Bell
05/19/201510:00:00Intrum Justitia AB [INJS] to Ring The Nasdaq Stock Market Opening...
05/19/201510:00:00Cisco Systems, Inc. (Nasdaq: CSCO) to Ring The Nasdaq Stock Market...
05/18/201517:27:27Statement of Changes in Beneficial Ownership (4)
05/18/201510:00:00The First of Long Island Corporation (Nasdaq: FLIC) to Ring The...
05/18/201510:00:00OraSure Technologies, Inc. (Nasdaq: OSUR) to Ring The Nasdaq...
05/18/201509:00:00Nasdaq Lists Two AccuShares Spot CBOE VIX ETFs
05/18/201509:00:00Nasdaq Lists Two AccuShares Spot CBOE VIX ETFs
05/15/201512:35:23Photo Release -- Nasdaq Welcomes Arcadia Biosciences, Inc. (Nasdaq:...
05/15/201510:13:10CymaBay Therapeutics Inc. (Nasdaq: CBAY) to Ring The Nasdaq Stock...
05/15/201510:00:00FOX Sports, United States Golf Association and the U.S. Open...

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