
The SEC Embraces Twitter–And With It Social Media
Those who yearn for regulated financial services organizations to participate in social media are intrigued by the SEC’s recent activation of a Twitter account. (A so-called “microblogging” platform, Twitter imposes a 140-character limit on users whose posts provide answers to the question “What are you doing?” For a basic introduction to the concept, see the Common Craft You Tube video or the Twitter entry at Wikipedia.)
So far, the SEC’s use of Twitter has been a tad tentative. As you can see in the screenshot below, the “tweets” are synopses of official press releases as opposed to insights on what the SEC is actually doing in real-time.