The Law Society of BC and the Canadian Bar Association BC Branch have jointly appointed Amy Mortimore to the Board of Directors of the Continuing Legal Education Society of British Columbia. By leading industry courses, programs and publications, the CLEBC mandate is to meet the educational needs of the legal profession in BC. Congratulations to Amy on her well-earned position.
Related Content
James Speakman and Mike McDonald, Q.C. Recognized Once Again in BIV’s List of the Most Influential Business Leaders in BC
Clark Wilson’s Managing Partner, James Speakman, and Partner Mike McDonald, Q.C. have once again been recognized in Business In Vancouver’s BC 500 List. The list, ... Continued
Clark Wilson proudly participates in the 2018 “Not Myself Today” campaign
Our firm is a proud participant of the Canadian Mental Health Association’s Not Myself Today campaign. This initiative helps companies and their employees build greater ... Continued
Regulation FD Applies to Disclosure made through Social Media Channels
On April 2, 2013 the United States Securities and Exchange Commission (“SEC”) published a report of its investigation on whether Netflix, Inc. (“Netflix”) and its Chief Executive Officer, Reed Hastings (“Hastings”), violated Regulation FD and Section 13(a) of the Securities Exchange Act of 1934 when on July 3, 2012, Hastings announced on his personal Facebook page that Netflix had streamed 1 billion hours of content in the month of June. Though the SEC did not pursue enforcement action in the matter, it clarified in its report that Regulation FD applies to issuer communications and disclosures through social media channels, and that SEC’s Commission Guidance on the Use of Company Web Sites, Release No. 34-58288 (Aug. 7, 2008) (the “Guide”) also applies to corporate disclosures made through social media channels. The report also suggests that Regulation FD and the Guide apply to “push” technologies, such as email alerts and RSS feeds, and “interactive” communication tools, such as blogs.