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SEC Joins the 21st Century

April 19, 2013

After considering cease-and-desist proceedings against Netflix for posting on its Facebook page that it is not streaming more than a billion hours of video a month, the Securities and Exchange Commission has done an about face and has decided to allow public companies to make material disclosures via Facebook and Twitter.

Welcome to the 21st century, SEC.

Con #6: The SEC’s Trivial Pursuits

December 11, 2012

Imagine the Securities and Exchange Commission (SEC) going after MacDonalds for its landmark signage, which informs customers of the number of hamburgers it has sold.  The number incredibly is now 247 billion!