For the longest time, traditional news wires have been the preferred choice when it came to disseminating information. They can send releases where it matters – newsrooms, trading desks and websites – quite fast. But although they may be efficient, they can also be costly. Calls for alternative means have been getting stronger in the past few years, thanks in part to the rapid development of the Internet. Just recently, the US SEC has finally responded. Companies may now solely use their websites and blogs to meet public disclosure requirements under Regulation FD (Fair Disclosure), as long as they follow a new set of guidelines to be released by the commission. Chairman Cox has this to say: (more…)
