In other words, during the marketing of the Facebook IPO, investors who did not hear about these underwriter estimate cuts were placed at a meaningful and unfair information disadvantage. They did not know what a lot of other investors knew, and they suffered for it. Selective dissemination of this sort could be a direct violation of securities laws. Irrespective of its legality, it is also grossly unfair. The SEC should investigate this immediately.
On April 23, 2012 the Main market sector of the MICEX-RTS Group's Securities market suffered technical problems, i.e. at 5.45pm MSK market data in the order book of market participants ceased to be updated. At 5.56pm MSK the MICEX Stock Exchange General Director announced that trading was to be suspended until 6.56pm MSK in order to contain the situation. At 6.45pm MSK the suspension was extended until 7.35pm MSK and then until 7.55pm MSK.