The U.s. Securities and Exchange Commission has an investigation into the ipo of Facebook was completed. There are no punitive measures were announced. The ipo of Facebook was having some problems due to the declining prices and difficult trading systems.
That says Reuters based on a customized monthly report of Facebook. The American watchdog SEC has on Facebook to let us know that the ongoing investigation into the ipo of Facebook has been discontinued without sanctions are pronounced. Further it is not clear what justification the SEC investigation has been discontinued.
There was for some time an investigation into the ipo of Facebook because of the problems that emerged during the start of trading in shares. As decreased the initial price of 38 dollars, converted approximately 28 euro, soon after the trade started, and resulted in massive interest for technical problems with the trading systems of the Nasdaq stock market. This was Nasdaq’s previously pay a fine.
Facebook was accused that the investors had been misled by a too high initial price to ask at the start of trading in Facebook shares. The bank Morgan Stanley, the ipo was accompanied, could, in fact, the expectations have revised downwards, but this information is not shared with the public at large. Shortly after the start of the trade, a little more than two years ago, the research on the ipo set up.
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