The Securities and Exchange Commission released a new set of disclosure rules Tuesday that allow executives to use social media sites such as Facebook and Twitter to update investors about significant corporate announcements that fall under Regulation Fair Disclosure mandates. As long as executives alert their investors about which blog or social networking sites will be used to post announcements, CEOs can fill those online venues with the same kinds of news about their companies that would appear in a Form 8-K or an earnings report.
Loading ...
SEC Lets Companies Go Social With Market-Moving News
Posted by: Rachelle Dragani April 3, 2013 01:07 PMThe Securities and Exchange Commission released a new set of disclosure rules Tuesday that allow executives to use social media sites such as Facebook and Twitter to update investors about significant corporate announcements that fall under Regulation Fair Disclosure mandates. As long as executives alert their investors about which blog or social networking sites will be used to post announcements, CEOs can fill those online venues with the same kinds of news about their companies that would appear in a Form 8-K or an earnings report.