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NEW YORK (MarketWatch) -- Fannie Mae /quotes/comstock/13*!fnm/quotes/nls/fnm (FNM 0.56, -0.36, -39.32%) said Wednesday that it is delisting its common and preferred shares from the New York Stock Exchange and the Chicago Stock Exchange after being told to take the move by its regulator.

Fannies move follows a similar action by Freddie Mac /quotes/comstock/13*!fre/quotes/nls/fre (FRE 0.74, -0.48, -39.55%) ..

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