Privately held companies like Facebook and Twitter have been trading their shares and the SEC thinks its time to investigate. With hundred of millions of dollars being thrown around for assets like social gaming company Zynga, the SEC would be interested in just how many shareholders these companies have. By avoiding the public markets, these stock trades are also avoiding SEC regulations. Read the full article at NYTimes.com
SEC Inspects Social Media Stock Trading
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).