Jenner & Block

Client Alert: Companies May Now Use Social Media for Announcements if Investors are Alerted

Companies may now use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (“Regulation FD”) so long as investors have been alerted about which social media will be used to disseminate the information.  The SEC today released a report of investigation that clarifies that social media can serve as an effective means for disseminating information to investors if investors have been made aware that’s where to look for it.