SEC says companies may announce key data on social media

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    Anonymous

    Technology News

    An illustration picture shows the log-on icon for the Website Facebook and Twitter on an Ipad in BordeauxBy Emily Stephenson WASHINGTON (Reuters) – Regulators said on Tuesday that companies can use Twitter, Facebook and other social media to make key announcements as long as they tell investors which sites they will use, an effort to help companies navigate the new media age. The guidance from the Securities and Exchange Commission seeks to clarify disclosure rules after the agency opened an inquiry into a post made last July on the personal Facebook page of Netflix's chief executive, Reed Hastings. …


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