How Reed Hastings’ Facebook Status Update Landed Netflix in SEC’s Crosshairs
Gust
JANUARY 31, 2013
Compressing 80 years of history into a paragraph, securities regulation here is fundamentally a disclosure-based system. Quoting one commentator, Fortune’s Dan Primack : Remember, this isn’t just limited to Facebook. What’s to stop Hastings from disclosing material information via his Twitter account.
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