The Globe and Mail: Canadian firms can’t use social media to report key information, CSA rules

The Globe and Mail: Canadian firms can’t use social media to report key information, CSA rules. “Canadian companies will not be joining in the U.S. trend of releasing big news first on Twitter or Facebook. The Canadian Securities Administrators, an umbrella group for provincial securities commissions, issued new guidelines Thursday for social media usage, telling companies they must continue to report material information with traditional press releases but can use social media to further disseminate the news.”