If You Are On FaceBook - You Will Want To Watch This Video

If You Are On facebook - You Will Want To Watch This Video




WASHINGTON (AP) — Federal regulators are reviewing reporting rules f0rprivate companies after an investment deal between Facebook , Goldman Sachs helped the social networking giant delay going public, according to a published report.

The Securities , Exchange Commission has started to examine its rules following Goldman Sachs' $500 million investment in Facebook , other deals involving Internet companies, The Wall Street Journal reported Wednesday.

The rules require companies with 500 0rmore shareholders to publicly report financial information. Facebook's deal with Goldman Sachs creates a special fund that allows the social network site to stay under that threshold even though some investors will be able to buy up to $1.5 billion in Facebook shares.

SEC spokesmen declined to comment.

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"Do You Really Know What's Going On?

By: The eFoods Global Business Network