SEC OK’s Social Media in Company Announcements
by serina | April 3rd, 2013
As of Tuesday this week, the Security Exchange Commission (SEC) gave clearance for companies to use social media such as Twitter and Facebook to make company announcements. The only catch: the company must clearly notify investors if – and which – social media outlets they will use to distribute material. This is to ensure that all investors have access to information at the same time, and non-exclusively.
For a company like Stocktwits, a social media platform dedicated exclusively to investment communication, this could present interesting new opportunities in audience engagement. And as a web development agency, the way we help companies strategize conversations online just got a little bit more exciting.
For full details, view the full SEC announcement here.