‘Facebook-SEC Filings Prove Tough Regulators Are Good For Tech’ – ‘ReadWriteWeb’
The latest post on ‘ReadWriteWeb’ is titled “Facebook-SEC Filings Prove Tough Regulators Are Good For Tech”.
ANTONE GONSALVES says, “The technology industry often frowns on government regulation as an unnecessary hindrance to the entrepreneurial spirit. But a team of Securities and Exchange Commission attorneys charged with keeping Facebook honest before it went public demonstrated the importance of regulators.
Facebook vs. The SEC
Facebook and the SEC fought for two and a half months before the company’s bungled initial public offering, often over information Facebook executives were hesitant to disclose to the public, according to Bloomberg, which dissected a dozen letters published by the SEC after the IPO”.
Facebook-SEC Filings Prove Tough Regulators Are Good For Tech
ReadWriteWeb
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