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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
05/25/201611:17:52Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and Comic Relief...
05/24/201616:05:00Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...
05/24/201610:30:00Nant Health Seeks $82 Million in IPO
05/24/201610:00:00Koru to Ring The Nasdaq Stock Market Closing Bell
05/24/201610:00:00Arctic Cat Inc. (Nasdaq: ACAT) to Ring The Nasdaq Stock Market...
05/24/201608:00:00Following Strong First Quarter The Nasdaq Stock Market® Secures...
05/23/201617:13:27Current Report Filing (8-k)
05/23/201616:40:00Samsung Targets U.S. Drug Market With Remicade Knockoff
05/23/201610:00:00Artesian Resources Corporation (Nasdaq: ARTNA) to Ring The Nasdaq...
05/23/201610:00:00Home BancShares, Inc. (Nasdaq: HOMB) to Ring The Nasdaq Stock...
05/20/201613:36:40Paramount Pictures and Nickelodeon Movies Present "Teenage Mutant...
05/20/201612:09:42USO to Ring The Nasdaq Stock Market Opening Bell
05/20/201608:35:00Do These Diversified Investments' Stocks Hold Value for the Investors...
05/19/201616:45:00Nasdaq Changes Trade Halt Status of Code Rebel Corp.
05/19/201610:28:47The Gordon Parks Foundation to Ring The Nasdaq Stock Market Opening...
05/19/201610:00:00USA Network’s “Royal Pains” to Ring The Nasdaq Stock Market Closi...
05/19/201606:00:00Merus N.V. (Nasdaq: MRUS) to Ring The Nasdaq Stock Market Closing...
05/19/201600:20:00Asian Shares Down, Except for China and Japan
05/18/201617:15:09Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
05/18/201616:05:00Delisting of Securities of Fairway Group Holdings Corp., QKL...

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