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Posts Tagged ‘Zipcar’

Executives Rejoice: The SEC Recognizes Twitter For Public Disclosure

How quickly things change.

Three short months ago we were warning executives against disclosing company information via tweets because the U.S. Securities and Exchange Commission (SEC)¬†didn’t ‘get’ Twitter.

And today, the SEC announced it will consider Twitter (and Facebook) as valid public disclosure sources, assuming investors have been alerted to monitor these accounts.

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Executives Beware: The S.E.C. Doesn’t ‘Get’ Twitter

Do the executives at your company know that if they tweet about recent (and especially, pending) company transactions on Twitter, they could be violating securities laws?

Although we know that just 18% of CEOs use social media, you should still be aware – just in case.

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