Over the last several months, the Securities and Exchange Commission (SEC) has provided the public with two new interpretive guides regarding the use of social media by public companies, investment companies and their officers or affiliates who participate in the communication of investment-related information.
Most recently, the SEC released a Section 21(a) Report of Investigation (the “Report”) which focused on whether it was legally acceptable for the Chief Executive Officer of Netflix to use his personal Facebook page to release information that may have been material to investors.
Please see full update below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: Investment Companies, Investment Funds, Netflix, Public Disclosure, Publicly-Traded Companies, Regulation FD, SEC, Social Media
Published In: Business Organization Updates, Communications & Media Updates, Finance & Banking Updates, Securities Updates