Uncle Sam Gives Netflix a Thumbs-Up

By Chris Hill – Apr 3, 2013 at 7:30PM

NASDAQ: NFLX

Netflix

Market Cap

$261B

Today's Change

(1.51%) $9.03

Current Price

$606.00

Price as of May 7, 2024, 4:00 p.m. ET

The SEC gives Netflix the green light.

The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Alex Scherer dissect the hardest-hitting investing stories of the day.

In a ruling on Tuesday, the Securities and Exchange Commission said that CEOs are now free to post, blog, and tweet as long as they inform investors in advance about the company's social-media strategy. The SEC also cleared Netflix (NFLX 1.51%) CEO Reed Hastings of any wrongdoing for posting on Facebook. In this installment of Investor Beat, our analysts discuss what it all means for investors.

The relevant video segment can be found between 0:17 and 2:27.

Alex Scherer, CFA, Chris Hill, and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Facebook and Netflix. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.