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  • Brendan McDermid / Reuters

    Snapchat's cavalier attitude draws the eye of Wall Street watchdogs

    by 
    Timothy J. Seppala
    Timothy J. Seppala
    03.02.2017

    Snapchat's parent company has finally filed for its IPO, and Wall Street has questions. Beyond what Reuters reports is the "richest" initial public offering since Facebook, is news that an investor committee advising the Securities and Exchange Commission will review some of Snap's more, ahem, peculiar moves. Like if denying shareholders voting rights will extend into hiding executive pay and "other governance matters."