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With the increasing use of social media by companies, it was only a matter of time before the Securities and Exchange Commission weighed in on its use. In 2013, the SEC gave approval of the use of social media to disseminate information in compliance with Regulation FD (the fair disclosure rule). Today, social media is primarily used as a supplement to public companies’ earnings releases, earnings calls, investor conferences and more. For example, it's common to Tweet some of the main points from the published earnings release via Twitter®. To help stay in compliance with Regulation FD when using social media, here are a few tips:
Explore more information about Regulation FD, as well as find practical guidance, annotated forms and other efficiency tools for your Securities and Capital Markets practice.
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