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Facebook's IPO prompts investor lawsuits

SIFMA SmartBrief | May 24, 2012

A number of lawsuits have been filed against Morgan Stanley and other banks alleging that last week's Facebook initial public offering was mishandled. Morgan Stanley agreed to review, trade by trade, orders for Facebook shares placed by its retail brokerage clients. If it is determined that those clients overpaid, price adjustments will be made, said people familiar with the issue. Meanwhile, lawmakers have started looking into what happened during Facebook's IPO. Hill, The (05/23) New York Times (tiered subscription model), The (05/23) Financial Times (tiered subscription model) (05/23) Wall Street Journal, The (05/23)


A single-agency MBS is possible, SIFMA says

SIFMA SmartBrief | May 25, 2012

Wharton's Siegel sticks to prediction that Dow will hit 15,000

SIFMA SmartBrief | May 23, 2012

Demand for 10-year Treasurys still outstrips supply

SIFMA SmartBrief | May 29, 2012

Former SEC enforcement chief will help JPMorgan investigate trading loss

SIFMA SmartBrief | May 23, 2012

DTCC looks into accelerating settlement of securities

SIFMA SmartBrief | May 23, 2012

Ryan commentary: Let's not politicize Volcker rule

SIFMA SmartBrief | May 23, 2012

SEC examines "areas of high risk," official says

SIFMA SmartBrief | May 29, 2012

Analysis: JPMorgan sells profitable securities to cover losses

SIFMA SmartBrief | May 29, 2012

Regulators focus on "layering" and "spoofing" of orders

SIFMA SmartBrief | May 24, 2012


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Read SIFMA's Pennsylvania + Wall Blog for insights on current financial and regulatory reform.

SIFMA SmartBrief | May 29, 2012

Where does the financial industry go for the latest developments for using social media?

SIFMA SmartBrief | May 29, 2012

SIFMA Social Media Seminar -- June 20, New York City

SIFMA SmartBrief | May 29, 2012

SIFMA Compliance & Legal Society Regional Seminar -- June 13, St. Louis

SIFMA SmartBrief | May 29, 2012

Connect with SIFMA on YouTube

SIFMA SmartBrief | May 25, 2012




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