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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
04/01/201517:14:48U.S. Stocks Fall on Weak Economic Data
04/01/201512:07:11Nasdaq Leads U.S. Exchanges for IPOs in 2015
04/01/201510:00:00Sabre Corporation (Nasdaq: SABR) to Ring The Nasdaq Stock Market...
03/31/201510:00:00Knowledge@Wharton’s Cuba Opportunity Summit to Ring The Nasdaq S...
03/31/201510:00:00Celgene Corporation (Nasdaq: CELG) to Ring The Nasdaq Stock Market...
03/31/201506:21:00Nasdaq To Commence Trading Futures - The Beginning Of The End
03/30/201510:00:00The Biotechnology Industry Organization (BIO) to Ring The Nasdaq...
03/28/201515:32:00Buy This High Dividend Stock Yielding Over 8% As A Play On The...
03/27/201516:17:36Additional Proxy Soliciting Materials (definitive) (defa14a)
03/27/201516:15:25Proxy Statement (definitive) (def 14a)
03/27/201510:00:001347 Property Insurance Holdings, Inc. (Nasdaq: PIH) to Ring...
03/27/201510:00:00Spark Therapeutics, Inc. (Nasdaq: ONCE) to Ring The Nasdaq Stock...
03/26/201510:56:39Photo Release -- Nasdaq Welcomes SolarEdge Technologies, Inc...
03/26/201510:36:59Calamos Asset Management, Inc. (Nasdaq: CLMS) & The Calamos Dynamic...
03/26/201510:26:24United War Veterans Council to Ring The Nasdaq Stock Market Closing...
03/26/201508:52:47U.S. Stock Futures Point to Fourth Session of Losses
03/26/201508:20:17SolarEdge Technologies, Inc. (Nasdaq: SEDG) to Ring The Nasdaq...
03/26/201506:53:33Borse Dubai rules out selling Nasdaq OMX stake; confirms LSE...
03/25/201511:05:51Photo Release -- Nasdaq Welcomes Cellectis SA (Nasdaq: CLLS...
03/25/201510:00:00FOX’s “WEIRD LONERS” to Ring The Nasdaq Stock Market Closing Bell...

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