SEC blinks on social media

So, a couple of days ago, I wrote that the SEC had a somewhat backasswards approach to social media, as evidenced in their revised media policy. Well, we can all breathe a collective sigh of relief, since the conference has blinked bowed to pressure clarified their policy. Again, sez the SEC:

“No Bearer may produce or disseminate in any form a “real-time” description or transmission of the Event (i) for commercial or business use, or (ii) in any manner that constitutes, or is intended to provide or is promoted or marketed as, a substitute for radio, television or video coverage of such Event. Personal messages and updates of scores or other brief descriptions of the competition throughout the Event are acceptable.

Whew. Or something. Politics coming soon. I promise.
[Again, Mashable]