When a new company is seeking investors, using 140 characters isjust fine with the U.S. Securities and Exchange Commission(SEC).
Last week, the agency's staff, in a ''Compliance and DisclosureInterpretation,'' said a startup can post a Twitter message aboutits stock or debt offering to gauge interest among potentialinvestors.
TheSEC announcement continues the agency's trend of warming up tosocial media, which began two years ago when it approved the use ofposts on Facebook and Twitter to communicate corporateannouncements such as earnings.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
