Jinfo: Social Media Disclosure Means More Headaches for Info Pros

Social Media Disclosure Means More Headaches for Info Pros
Jinfo Article

24th April 2013

Abstract

The United States Securities & Exchange Commission (SEC) has ruled that companies may use social media to disclose company information so long as investors know to look for it there. But, despite services like Thomson Reuters’ Accelus Disclosure Solutions, there’s always the risk of unauthorised premature announcements. Pressure from Ovum on European banks to improve their social media presence, and new UK rules on directors’ remuneration reporting, could also complicate the situation – not to mention findings from Pew that social media comment may not even be representative of opinion generally.

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