SEC Says Social Media OK for Company Announcements if Investors Are Alerted
FOR IMMEDIATE RELEASE
2013-51
Washington, D.C., April 2, 2013 â The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
That might not be the point. Having twitter will be a step ahead of Berkshire. The geezer is griping - this is good. he's going to lose money..boo hoo.