Social Media, Securities and Exchange Commission (SEC), Regulation FD

The Social Media Guide: Social Media Compliance for Issuers, Broker-Dealers, & Investment Advisers

Mayer Brown Free Writings + Perspectives on 9/17/2021

The use of social media raises securities law and compliance challenges for issuers, broker-dealers, and investment advisers. This Compliance Guide summarizes briefly some key principles. ...more

When Does a Tweet Fall Afoul of Regulation FD

Robins Kaplan LLP on 1/1/2019

On August 7, 2018, Tesla CEO Elon Musk used his personal Twitter account (@elonmusk) to propose a buyout of the company for $420 a share, stating that funding was secured....more

The Dangers of Tweeting at the Intersection of Social Media and Securities Laws

Pillsbury - Internet & Social Media Law Blog on 12/6/2018

In a time when information is increasingly shared through social media, companies—particularly publicly traded ones—must recognize and consider the potential legal ramifications that could arise from statements made by...more

Social Media Compliance Guide For Issuers, Broker-Dealers, And Advisers

Mayer Brown Free Writings + Perspectives on 7/9/2018

[author: Trevor Starer] The use of social media raises many securities law and compliance challenges for issuers, broker-dealers, and investment advisers. This Compliance Guide summarizes briefly some key principles. ...more

The Guide to Social Media and the Securities Laws

Broker-Dealer Compliance + Regulation on 8/15/2017

The growing use of social media has created challenges for federal securities regulators, who must enforce antifraud rules that were written at a time when the prevailing technology was the newspaper. This Guide...more

The Guide to Social Media and the Securities Laws

Morrison & Foerster LLP - JOBS Act on 6/17/2015

The growing use of social media has created challenges for federal securities regulators, who must enforce antifraud rules that were written at a time when the prevailing technology was the newspaper. This Guide...more

The Guide to Social Media and the Securities Laws

Morrison & Foerster LLP - Social Media on 10/1/2013

REGULATION FD - Beginning in 1999 and continuing into 2000, media reports about selective disclosure of material nonpublic information by issuers raised concerns that select market professionals who were privy to this...more

The Guide to Social Media and the Securities Laws

Morrison & Foerster LLP on 9/9/2013

REGULATION FD - Beginning in 1999 and continuing into 2000, media reports about selective disclosure of material nonpublic information by issuers raised concerns that select market professionals who were privy to this...more

SEC Gives Guidance on Use of Social Media under Regulation FD

Burns & Levinson LLP on 6/29/2013

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...more

Stop Insider Tweeting! -- Feds eye social media for securities shenanigans

Morrison & Foerster LLP on 6/11/2013

As financial institutions and investors turn to social media to instantly share snippets of news and potential clues about market trends, the FBI and SEC are monitoring such postings for evidence of insider trading and...more

Small Business Securities Bulletin: Regulation FD and Social Media

Baker Donelson on 6/10/2013

As we discussed in our February Bulletin, late last year Netflix and its CEO, Reed Hastings, each received a notice from the SEC Staff indicating that the Staff intended to recommend to the SEC that it institute proceedings...more

SEC Chair Mary Jo White On Social Media

Stinson - Corporate & Securities Law Blog on 5/17/2013

In testimony before the U.S. House of Representatives Committee on Financial Services, SEC Chair Mary Jo White stated that the Netflix Section 21(a) report stands for the proposition that use of social media is acceptable “so...more

SEC Issues Guidance on Disclosures Made via Social Media

Jackson Walker on 5/16/2013

The Securities and Exchange Commission (the "SEC") recently issued a Report of Investigation (the "Report") in which it provides helpful guidance to public companies regarding their use of social media to disclose material...more

How the SEC's Social Media Guidance Changes The Way Companies Share Investor Information [Legal Perspective]

JD Supra Perspectives on 4/23/2013

"While the guidance is not hard to understand, it will be difficult to apply. And the SEC will be looking for someone to cross the line..." - Stephen M. Quinlivan; Leonard, Street and Deinard...more

8-K’s Announcing Reg FD Social Media Channels Begin; NYSE Weighs In

Stinson - Corporate & Securities Law Blog on 4/19/2013

The SEC opened the barn doors on use of social media, or merely reaffirmed existing guidance, depending on your point of view, in a recent Section 21(a) report....more

SEC Greenlights Use of Social Media for Publicly Disclosing Company Information

BakerHostetler on 4/19/2013

Recognizing the reality that many investors likely get more information from Facebook and Twitter than a corporate 10-K and that most public companies have a robust social media presence, the U.S. Securities and Exchange...more

SEC Issues Guidance on Social Media and Regulation FD

Morgan Lewis on 4/18/2013

Public companies are encouraged to rigorously analyze SEC guidance prior to disseminating material information via social media....more

SEC Report Opens Door to Use of Social Media

Smith Anderson on 4/16/2013

On April 2, 2013, the U.S. Securities and Exchange Commission (the “SEC”) issued a Report of Investigation (the “Social Media Report”) clarifying that a company subject to Regulation Fair Disclosure (“Regulation FD”) may use...more

Be Careful What You Wish For: SEC Permits Company Disclosures Via Social Media If Regulation FD Requirements Are Met

Womble Bond Dickinson on 4/16/2013

Last week, the Securities and Exchange Commission issued a report clarifying that companies can use social media channels, such as Facebook and Twitter, to disseminate material nonpublic company information under Regulation...more

Lessons from Netflix on the Use of Social Media for Informal Disclosure

Cohen & Gresser LLP on 4/12/2013

On April 2, 2013 the Securities and Exchange Commission (SEC) issued a report (the Netflix Report) announcing that it would not pursue enforcement action against Netflix, Inc. and its Chief Executive Officer, Reed Hastings,...more

Safe Tweeting: SEC Provides Guidance on Social Media and Regulation FD Compliance

Pillsbury Winthrop Shaw Pittman LLP on 4/11/2013

The SEC has provided guidance to publicly reporting companies on how to use popular social networking sites, such as Facebook and Twitter, consistent with federal securities laws. On April 2, 2013, the Securities and...more

Social Media For The CEO: Lessons Learned From The Netflix/SEC Tussle And Reg FD

Gray Reed on 4/10/2013

Yes, you can use social media to make material public disclosures. The SEC did not punish Netflix CEO Reed Hastings. The reality is, however, the SEC gave a warning to executives: we are not going to do anything this time...more

The SEC Provides Guidance on the Use of Social Media for Public Company Disclosure

Proskauer Rose LLP on 4/10/2013

On April 2, 2013, the Securities and Exchange Commission issued a "report of investigation" that provides important guidance for companies that wish to use social media outlets, such as Facebook and Twitter, to publicly...more

Regulation FD Does Not Prohibit Social Media Communications with Investors

Miller & Martin PLLC on 4/10/2013

The Securities and Exchange Commission (“SEC”) recently released a report that answers important questions about how companies can release material information through social media without violating Regulation FD....more

SEC Addresses Use of Social Media for Public Company Disclosures

K&L Gates LLP on 4/10/2013

On April 2, 2013, the Securities and Exchange Commission issued a Report of Investigation that directly addresses the application of Regulation FD to disclosures made through social media channels such as Facebook and...more

Social Media › Securities and Exchange Commission (SEC) › Regulation FD

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