Articles tagged with: SEC guidance
Corporate Governance, proxy season »
I received a lot of gratitude for transcribing last week’s #irchat. So I have made a vow to continue doing a recap post each week. I moderated this week and in spite of a lower than anticipated turnout, a lot of excellent ideas were exchanged. Click here to read the complete transcript.
Before I get into the recap, I’d like to thank @bropo, @AVGoldberg, @Box_IR and Z_Kommunikation in advance. Honourable mentions go out to @ir_practice and @pkiss as well.
This week, the discussion centered around two main questions. The first pondered ideas …
Legislation, Transparency, web disclosure »
On April 15th, Google issued an advisory release that instructed people to visit their IR website for their earnings and also included the following statement:
Google intends to make future announcements regarding its financial performance exclusively through its investor relations website.
Google is able to do this based on the SEC guidance from Aug 2008 regarding the use of websites for disclosure. This guidance states that under certain circumstances, companies can rely on their websites and blogs to meet public disclosure requirements under Reg FD.
As we all remember all too well, shortly …
Best Practices, Social Media »
Earlier this month, Dave Hogan, presented his paper “Reaching Shareholders Online: Trends and Best Practices in Online Communications and Social Media in Corporate Investor Relations” at the 2009 Annual Conference of the International Association of Online Communicators in Washington, D.C.
The focus of the paper is how online communication tools, in particular social media, are influencing the communication practices of corporate IR departments at public companies of all sizes. It also examines the question of why corporate IR departments have been slower to adopt social media communications tools than their marketing …
Legislation »
On Friday August 14, 2009 the SEC released Compliance and Disclosure Interpretations regarding Regulation Fair Disclosure (Reg.FD). The following post is a direct lift from the SEC website: http://www.sec.gov/divisions/corpfin/guidance/regfd-interp.htm
Regulation FD
Last Update: August 14, 2009
These Compliance and Disclosure Interpretations (“C&DIs”) comprise the Division’s interpretations of Regulation FD. Some of these C&DIs were first published in prior Division publications and have been revised in some cases. The bracketed date following each C&DI is the latest date of publication or revision.
Section 101. Rule 100: General Rule Regarding Selective Disclosure
Question 101.01
Question: Can an issuer …
Best Practices, Transparency »
Since the SEC released new guidance permitting public companies to (forgo using newswire services and) disclose material information on corporate web sites and blogs, it has been a wait and see period. Many of the issuers I spoke with across the US (as well as inter-listed Canadian companies) are intrigued at the prospect of reducing newswire costs, but do not want to pioneer the web disclosure model.
Instead some are taking steps to transition and ensure that they can meet the SEC’ s criteria (which contrary to what some people would …








