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SEC Lets Companies Disclose Via Websites, Blogs

Posted by kdawson on from the call-us-we-won't-call-you dept.

edadams passes along a note in the ABA Journal that reads "Corporations may now sometimes fulfill their public disclosure requirements under Regulation FD by posting information on their websites and blogs, rather than having news releases distributed by third-party companies, according to new guidance issued by the US Securities and Exchange Commission. The move is expected to cut compliance costs." Here is the SEC's policy announcement.

2 of 71 comments (clear)

  1. Wow..... by IHC+Navistar · · Score: -1, Redundant

    Wow.....Insider Trading just got much, much easier!

    1) Buy large amounts of stock.
    2) Disclose bad outlook in obscure web posting at 12:00 PM
    3) Sell stock at 12:01 PM
    4) ???
    5) Profit!

    --
    Knowing Google's lust for data collection, the Soviet Union is still alive and well inside the psyche of Sergey Brin....
  2. Re:U.S.A. (S.E.C.) U.S.A (S.E.C.) U.S.A. (S.E.C. by Anonymous Coward · · Score: -1, Redundant


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    America, Fuck Yeah! If your not an American then stay outta the way of our bombs! Or we'll shock and awe your ass!

    The SEC stands for capitalism. It is what makes America great.

    God Bless America, and God Damn everywhere else!


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