Houston-based clothing retailer Francesca’s announced Monday that it was firing CFO Gene Morphis because he had “improperly communicated company information through social media.” According to the Wall Street Journal, some of Morphis’ tweets moved Francesca’s stock. But the case of the fallen CFO ultimately says more about common sense than it does about social media.

http://compliancesearch.com/compliancex/cfo-fired-after-tweets-moved-company-stock/

Well he's a moron for putting work stuff on his personal Twitter account anyway.

So if the SEC deems Twitter as not a public announcement because it is limited channel, then that would mean those who traded upon knowledge of the information traded with inside information and should therefore be sanctioned... no?