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SEC Wants to Keep Tabs on Social Media Posts That Could Move Markets
NextGov: Social media has become such a powerful tool it can affect the very institutions that underpin society. The Securities and Exchange Commission is well aware of this, prompting officials to seek out an out-of-the-box tool to monitor and flag posts that could have an effect on financial markets.
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.
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