See on Scoop.it – Twitter & Social Media
Soon, investors will be able to learn more about companies in the same space where they play Candy Crush Saga. The Securities and Exchange Commission declared Tuesday that companies can notify their investors of news through Facebook and Twitter.
George Canellos, acting director of the SEC’s division of enforcement, commented on this new development in a press release:
One set of shareholders should not be able to get a jump on other shareholders just because the company is selectively disclosing important information. Most social media are perfectly suitable methods for communicating with investors, but not if the access is restricted or if investors don’t know that’s where they need to turn to get the latest news.
What brought about this decision was a post on the …
See on allfacebook.com
duanetilden 
Sure seems like a huge opportunity for the scammers.
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Harold, I agree that what you say is a problem with raising capital with stocks and the market. Due diligence when investing is wise, and if unsure, don’t do it…. However, one can play it safe and ignore this side of marketing, which also presents legitimate opportunities for funding of capital ventures.
I have seen the social side where we see things like crowd funding, but are these safe? Where are the checks or accountability for this type of fund raising? Personally, I kiss my money away when I invest in a charity or crowd funded venture.
Caveat Emptor always, however, I dare say this opens up opportunity for good marketing professionals, and paid work is challenging to find, imo.
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