Got A Hot Tip On Twitter? FINRA Kindly Asks That You Retain That Message
Submitted by Tyler Durden on 02/01/2010 10:03 -0500The wild west days of social networking as a platform for stock tips and under the radar information exchange may be coming to an end. Or at least FINRA is finally realizing that there is more to stock manipulation than meets the eye, and in a radical change in policy (which up to now had been non-existent on the matter), FINRA will start policing and pouring through tweets, after announcing that "securities firms must keep copies of all business-related communications on social networks, whether those communications are official or from associated persons." Yet indicating just how woefully behind the times the SEC's much-feebler cousin is, FINRA has admitted that "the technology to grab those messages might not exist." The reason why FINRA should be concerned, as Securities Industry News highlights is that "Every Wall Street company – except possibly the smallest ones – have employees using social networks, creating potential liability problems for their employers, for whom they might not be speaking. However, many firms are also actively using these new platforms themselves, to reach out to customers, the general public, and potential new recruits."
Tracking Events In Iran By Twitter
Submitted by Tyler Durden on 06/15/2009 18:36 -0500For all curious about events in Iran who have access to Twitter, especially now that western journalists have all been deported, please follow persiankiwi
Some of his most recent tweets below:
khamenei website is back online - waas hacked before - #Iranelection
2 minutes ago from webwere attacked in streets by mob on motorbikes with batons - firing guns into air - streetfires all over town - roads closed; #Iranelection
4 minutes ago from web


