Saturday, May 19, 2012

SEC to look at Facebook trade glitches

WASHINGTON (Reuters) - The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc on Friday, an agency spokesman 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," SEC spokesman John Nester said in a statement.

(Reporting By Dave Clarke; Editing by Gary Hill)


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