wee beastie: Silverstaff: So, the SEC wants copies of all Facebook posts released as formal press releases?Sounds like a 20th century law colliding with 21st century technology.No, the SEC doesn't want company representatives making financially material statements over facebook, twitter, youtube or whatever. They want a press release that goes accross the newswires.I'm a stock analyst with a reputable bank. Our bank has webfilters. I cannot view fb, twitter, youtube, etc. because they are blocked. This means it was selective disclosure, that not everyone could readily see or verify. That is why it is illegal.
Want more news before we break it? Try
See what's behind the green doorand help keep the tap flowing
Sign up for the Fark NotNewsletter!
Links are submitted by members of the Fark community.
When community members submit a link, they also write a custom headline for the story.
Other Farkers comment on the links. This is the number of comments. Click here to read them.
You need to create an account to submit links or post comments.
Click here to submit a link.
Also on Fark
Submit a Link »
Copyright © 1999 - 2018 Fark, Inc | Last updated: Jun 21 2018 18:16:21
Runtime: 0.433 sec (433 ms)