NEW YORK, May 7, 2013 /PRNewswire/ -- During a panel discussion entitled, "Social Media and SEC's Latest Ruling; Where Do We Go from Here," John Viglotti, Vice President, Investor Relations Products and Services of PR Newswire, posed the question, "What is an appropriate channel for Reg. FD disclosure? How do you define the social media channels? Is MySpace a social media channel or HotStocks.com? I think there's a lot more that needs to be done in terms of additional guidance from the SEC on the use of social media channels."
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On April 24th, Mr. Viglotti participated in a high-level debate among investor relations counselors, financial industry influencers, and journalists over whether disseminating earnings reports and other material disclosures via Facebook, Twitter and other social media platforms will achieve what investors want and need in terms of transparency and sufficient information while remaining in compliance with the SEC's regulations on disclosure.
His fellow panelists included Jeff Corbin, CEO, KCSA / Founder, theIRapp™; Judith McLevey, vice president, Corporate Actions and Market Watch, NYSE Euronext; Vinny Jindal, CEO and Co-Founder of StockR, Inc.; and Kenneth Florin, a partner with the law firm of Loeb & Loeb.
The event was sponsored by Akamai, and co-hosted by CommPRO and Onstream Media, a webcasting and service provider for SEC-regulated companies. The live event was held at the AXA Equitable Center. CommPRO contributor and seasoned investor relations analyst, Gene Marbach, moderated the one-hour forum.
Mr. Viglotti's remarks as well as those of his fellow panelists can be heard in a replay of the event, which can be found here: http://www.webcaster4.com/Webcast/Page/10/1347
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