Reuters: Technology News: Regulators approve plan for lost money in Facebook IPO

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Regulators approve plan for lost money in Facebook IPO Mar 25th 2013, 12:38 Tweet Share this Email Print Related News Facebook puts focus on photos in new look; may boost ads Thu, Mar 7 2013 UPDATE 3-Nasdaq, SharesPost to form market for private companies Wed, Mar 6 2013 Related Topics Investing and Taxes Simplified » Tech » Facebook » A man walks past a sign welcoming Facebook to the NASDAQ Marketsite in New York May 18, 2012. Credit: Reuters/Brendan McDermid Mon Mar 25, 2013 8:38am EDT (Reuters) - Regulators approved on Monday a plan to compensate market makers who lost money in a botched Facebook Inc public offering on Nasdaq OMX Group Inc's Nasdaq exchange. The decision from the Securities and Exchange Commission was in response to a series of high-profile glitches last year that shook the market, including the handling of Facebook's long-anticipated initial public offering on May 18, 2012. (Reporting by Jennifer Saba in New York; Editing by Gerald E. McCormick) Investing and Taxes Simplified Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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