SEC social media rule reflects growing pressure on regulators

The measure, passed last week, allows companies to share market-moving corporate news on social media sites

Last week, the Securities and Exchange Commission (SEC) passed a rule allowing companies to share market-moving news on social media sites.

The measure is good news for tech-savvy companies, who can now post corporate news on sites such as Facebook and Twitter provided that they tells investors where to find the information, but it reflects the growing pressure on federal regulators to clarify social media rules, the Wall Street Journal (WSJ) reports.

Alanna Byrne

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