Michelle Vigod quoted in "Focus: Social media use should comply with securities law", Law Times
|Area||Corporate Finance and Securities|
Excerpt from "Focus: Social media use should comply with securities law ", by Michael McKiernan:
Vigod says she encourages clients to open up a line of dialogue between the compliance and marketing arms of the business when developing policies for social media use, and she says the CSA report is a good reminder that regulators are taking the issue seriously.
“Social media is a great tool for outreach to customers and potential investors, but I think some issuers didn’t realize that it’s a component of the business that may be taking them offside in terms of their disclosure,” she says. “The organization needs to be aligned from top to bottom in its approach.”
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