Facebook SEC will investigate the stock market and other private companies

 (This article Source: TechWeb)
2   24 news, according to foreign media reports, the U.S. Securities and Exchange Commission (SEC) is a non-listed companies stock market (also called the secondary market) investigation, Facebook, Twitter and other non-listed company's stock can secondary market transactions.

SEC's concern for private equity transactions is not new. Last year, the Goldman Sachs investment of $ 500,000,000 to Facebook, to its customers worth 10 billion dollars selling shares to rise to the SEC Facebook's attention, followed by Goldman Sachs to cancel sales to U.S. customers. (Fruit Chan)

At the same time, due to lack of information, the secondary market price of the stock transaction, the company has often been used to calculate the valuation of the outside world. Secondary market from the stock sale small percentage of commission, it is easy to raise the transaction price to obtain more revenue. The industry questioned the high winds played a secondary market for high sales price valuation role.


SecondMarket and SharesPost in secondary markets such as in private company shares held by the person (usually a former employee) contacts with potential buyers. As long as the private shareholders of the Company does not exceed 499 people, can not maintain the private market, so buyers often do not know the actual value of the stock.