Should ASIC consider social media disclosures?

An acquisition announced over Facebook? Annual profit disclosed in a tweet? The idea of using social media for company disclosures could soon become a reality.

An acquisition announced over Facebook? Annual profit disclosed in a tweet? For most in the investment world, such an idea may seem absurd, however, thanks to a recent ruling by US Securities and Exchange Commission (SEC), this new channel for company disclosures may soon become a reality.

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