Social media vs. SEC: Who wins? The legal department, every time

Of the 81 companies in the Fortune 500 with public blogs, 23 of them link to corporate Twitter feeds. These blogs and Twitter accounts are raising thorny questions about what companies can and cannot tell the public without first issuing a news release. “Blogs and tweets can run afoul of Securities and Exchange Commission [SEC] regulations on corporate communications,” the Wall Street Journal reports. “But sanitizing such posts risks hurting credibility with online audiences.” One…