Facebook Deal Spurs Inquiry

Wall Street Journal by Jean Eaglesham, Aaron Lucchetti | Jan. 5, 2011 (News Report)
SEC Launches Review of 1960s-Era Disclosure Regulations for Private Firms

The SEC is examining whether disclosure rules for privately held firms need to be rewritten as a result of recent deals allowing investors to buy shares in Internet companies such as Facebook and Twitter. Full Story »

Posted by Jon Mitchell - via Columbia Journalism Review, Memeorandum, Wall Street Journal (Most Emailed), Joey Baker (t), urmi das (t), George Moga (t), Ayo Cari Rumah (t), David Fox (f)

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Jon Mitchell
3.8
 by Jon Mitchell - Jan. 5, 2011

Interesting, informative piece that thoroughly explains the Goldman-Facebook deal, as well as the new regulatory territory it explores. It's a fair report that considers how the deal may be unethical, but also explains the interests on all sides of the table.

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