Despite (or maybe because of) my recent SEC criticisms, I was surprised to get a personal email from someone at the agency telling me about their new usage of Twitter!
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Their address is : http://twitter.com/SEC_Investor_Ed
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Now if only, as Bill Fleckenstein mentioned last night, there was some sort
of agency charged with making certain that publicly traded companies
didn’t simply lie all the time about their financial circumstances and
prospects. While its nice to have an agency — I forget the name — that’s in charge of
stopping naked short selling and rumor-mongering. Perhaps we could expand its authority, and even empower it to police publicly traded
companies as well!
And look at whom the SEC is following: the TradersTrade blog, Fox News, TimesOnline (UK), Financial Times, and Reuters Business. Does the Big Picture tweet?
what’s the sec doing lately?
according to twitter, not very much…
Tweet: SEC r SEX seeing less naked, mo $ – policy #1: Save POTUS legacy.
Rulz R 4 littl peepl.
How about we empower it to police publicly traded companies, as per my original comment?
lets hope the FDIC doesn’t start using it for bank closures on Friday nights.
http://nickgogerty.typepad.com/designing_better_futures/2008/07/friday-night-fight-night-is-now-friday-night-fdic-night.html
You do realize a fake when you see one don’t you?
Does the SEC pay rewards for potential fraud information? I don’t see anything on their website about this.
Jojo,
They have a bounty program for insider trading laws.
the link:
http://www.sec.gov/answers/bounty.htm
Someday I’ll write about my experience with the SEC.
Good Luck