SEC says companies can announce key information on social media

WASHINGTON (Reuters) - The Securities and Exchange Commission said on Tuesday that companies can use Twitter, Facebook and other social media to announce key information as long as they alert investors about which sites they plan to use for such disclosures. The SEC said it would apply its disclosure rules to social media and other emerging forms of communication in the same way that it applies those rules to the websites of public companies. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/sec-says-companies-announce-key-information-social-media-194006936--sector.html