SEC says funds need not report all social media postings

(Reuters) – Mutual money regulators are suffering from Twitter overload. Many cash firms, which might be required to file merchandising and promotional materials for regulatory evaluation, have additionally been sending over all of their posts on Fb, Twitter and different social media networks. However on Friday, the Securities and Trade Fee moved to end the deluge, issuing guidelines that almost all social media posts did not want to be filed with Monetary Business Regulatory Authority, which conducts the reviews. …