Brock Smith’s March 5 Tech Bulletin is featured in The Voice, an email newsletter published by the BC Technology Industry Association (BCTIA). Brock comments on the Canadian government’s proposal in the Federal Budget to change Income Tax Act reporting rules for foreign investment. The BCTIA has been advocating for such a rule change.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content
Welcoming Our Newest Partner, Robin Dean
Clark Wilson is pleased to welcome our newest Partner, Robin Dean, to the firm’s Indigenous Law practice. Robin joins us with several years of indigenous ... Continued
Warren Brazier and David Austin participate in Generate 2012 Conference
Warren Brazier and David Austin of our Energy & Natural Resources Group participated in Generate 2012, the Clean Energy Association of BC’s annual conference, attended ... 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.