SEC Will Review Facebook Trade Reporting Problems at Nasdaq
This article is for subscribers only.
The U.S. Securities and Exchange Commission said it will review problems Nasdaq OMX Group Inc. said it had reporting trades in Facebook Inc. during its first day as a publicly traded company.
“As is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it,” John Nester, an SEC spokesman, said in an e-mailed statement today.