Tag: SEC

Business Law

SEC Ruling on Social-Media Disclosures Offers Little Guidance for Businesses

Posted on

As reported in The Wall Street Journal today, Netflix, Inc., has filed documents with the Securities and Exchange Commission (“SEC”) stating its intent to disclose “material information” on its corporate Twitter feed, Facebook page, and blog, as well as the Facebook page of its CEO.  The Los Gatos-based company will continue to file traditional disclosures, regarding important […]

Business Law

SEC Issues Guidance on Steps Publicly Traded Companies Should Take to Mitigate Cyber-Exposure

Posted on

Recently, the Securities and Exchange Commission (“SEC”) released a guidance report for publicly traded companies on how they should disclose cyber-related risks in their quarterly and annual filings.  While the guidance report is only a list of suggested best practice disclosures, it is not intended to be compulsory for public companies.  However, the suggestions may cause some corporations […]