SEC Looking Into Twitter's Private Stock Trading

Rumors are floating around today that the US Securities and Exchange Commission (SEC) is conducting a probe into the private trading going on in companies like Facebook and Twitter. Twitter isn’t traded publicly, and the SEC wants to know more about the private deals that go on behind closed doors.

There is no official word from the SEC yet, but the New York Times reports that sources close to the situation say that requests have been sent to individuals who hold private Twitter stock.