Compliance Bulletin 02-14
Last year, the SEC’s Division of Enforcement conducted an inquiry into a post by Netflix CEO Reed Hastings on his personal Facebook page. This served as a wake up call to many in our industry.
Whether a public company is an early adopter or not – sooner or later, social media will become just another facet of how we all communicate.
We recommend all public companies utilizing social media for corporate communications implement controls to ensure that all social media communications on behalf of the company are true and complete and that the company controls the timing to comply with Regulation FD and to avoid premature disclosure and that disclosures are crafted in a manner that protects companies from 10b-5 fraud or inside trading claims.
Fill out the form below to download your complimentary Social Media Governance for Public Companies to receive CRC's recommendations for guidance and ongoing training in regard to your company's Next Generation Social Media Policy.
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