NEW YORK ( TheStreet) -- Goldman Sachs ( GS) has reportedly found more than enough new friends for Facebook.

Citing people familiar with the situation, the Wall Street Journal said Goldman plans to stop soliciting interest from potential investors in purchasing shares of Facebook on Thursday because it's already received "several billion dollars" worth of orders.

Goldman participated in a $500 million equity investment in the social networking site over the weekend, and it's been gauging the appetite of its wealthy clients in snapping up a piece of the private company for an additional equity sale that could be worth as much as $1.5 billion, according to the WSJ.

The minimum investment commitment is $2 million, the article said, and participants must agree to hold onto their stakes until 2013.

Earlier on Wednesday, the Wall Street Journal reported the Securities and Exchange Commission was planning to reexamine the rules separating public and private companies in the wake of the Goldman-Facebook deal.

Goldman shares closed Wednesday's regular session at $174, up 92 cents.

-- Written by Michael Baron in New York.

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