Replies to post #140270 on DD Support Board and Research Team

[Zorax]

And that's entirely the SEC's fault for being bribed by the social sites like fb, twit and others. Anyone really believe those social sites didn't want the SEC to make such a stupid proclamation that social sites are okay for company information?

There was a time early on where the SEC published an interest press release in the concept and use of social sites for corporations and entities for public input.
It's not a stretch in wondering if the social sites were more than offering just advice.

[janice shell]

"SEC Wants to Keep Tabs on Social Media Posts That Could Move Markets"

LOL!! Good luck to them with that.

In order to keep tabs on the never-ending flow of statements on the various social media platforms, SEC is looking for a complete, web-based tool to scrape the major sites for keywords on relevant topics. When a keyword pops, the tool should send an email alerting the appropriate SEC staff.

They tried that once before, back in the late 90s. They created some kind of software that would crawl message boards and alert the agency to phrases like "the next Microsoft".

Needless to say, it was completely useless.

[janice shell]

Bid proposals are due by 2 p.m. on Sept. 11. Vendors that make it to the second round will be asked to present a virtual presentation the subsequent week, which will be used for SEC’s final award determination.

That doesn't seem like very much time...