Last December, the U.S. Securities and Exchange Commission (SEC) took issue with a chief executive officer after he used his Facebook page to provide an update on the company's business activities.

Now, the SEC has decided public companies can use social media like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Reg FD)—where investors have been previously alerted as to which social media will be used to disseminate this information.

Welcome to the 21st Century

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