SEC: Corporations can share enterprise knowledge on social media
When Netflix CEO Reed Hastings took to Fb final yr to announce that the service had exceeded one billion viewing hours in a month for the primary time, the monetary world was in uproar. In any case, there are guidelines and laws regarding when delicate knowledge about an organization’s successes and failures might be made public. Since then, nevertheless, the Securities and Trade Fee has accomplished some considering, and in making an attempt to maintain up with social savvy CEOs like Hastings and compulsive tweeter Elon Musk, has dominated that such disclosures could be made, so long as shareholders are notified about which websites will probably be used. If nothing else, it would be a good way to see your follower rely explode.