Social Media's Role in the Future of Investing [Infographic]
In April, the Securities and Exchange Commission ruled that companies can use social media to disclose business information instead of sending a press release as long as the investors have been notified in advance. Marketwired commissioned research to see how Wall Street would react to the news and discovered that 70 percent of investors under 40 believe the ruling is beneficial. In addition, 60 percent of these younger investors use social media to make decisions. This infographic has the details.
In April, the Securities and Exchange Commission ruled that companies can use social media to disclose business information instead of sending a press release as long as the investors have been notified in advance. Marketwired commissioned research to see how Wall Street would react to the news and discovered that 70 percent of investors under 40 believe the ruling is beneficial. In addition, 60 percent of these younger investors use social media to make decisions.
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