The U.S. Securities and Exchange Commission provided rules for social media disclosure, outlining how companies can use social media to disperse information.
However, Cyrus Sanati blogged on CNNMoney that he believes the new social media policy lacks clarity. In his blog he explained, “A whopping 77% of chief financial officers and investor relations professionals do not think the SEC has given enough guidance on how to use social media to disclose company information.”
Sanati presented the question of whether companies will utilize a variety of social media platforms, forcing investors to sign up for all of them and possibly hire analysts focused solely on watching them.