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When a company's executives offer opinions about the fi rm's fi nancial status and future business prospects through blogs, Twitter, and other Internet forums, the

When a company's executives offer opinions about the fi rm's fi nancial status and future business prospects through blogs, Twitter, and other Internet forums, the SEC can hold the company liable for violating securities laws. Is this fair to investors who want to hear the straight scoop from the fi rm's executives? What arguments can you make in favor of this restriction? What arguments can you make against it?

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