Comments on: We don't need PR wires for Reg. FD http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/ | Investor Relations Web Best Practices, Trends and News Wed, 03 Mar 2010 03:08:34 +0000 http://wordpress.org/?v=abc hourly 1 By: Pooja http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-253 Pooja Fri, 21 Aug 2009 07:28:18 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-253 Can you throw some more light on the mechanism of enforcement of the Reg FD - to clarify my question - How does SEC actually come to know that there is a case of selective disclosure??? One cannot really thrive upon regulations as there is a lot of informal communication happening. so how does SEC come to know if an IR officer engages in selective disclosure - intentionally / unintentionally to an analyst over a coffee table outside the office????? Can you throw some more light on the mechanism of enforcement of the Reg FD – to clarify my question – How does SEC actually come to know that there is a case of selective disclosure???
One cannot really thrive upon regulations as there is a lot of informal communication happening. so how does SEC come to know if an IR officer engages in selective disclosure – intentionally / unintentionally to an analyst over a coffee table outside the office?????

]]> By: Dominic http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-250 Dominic Thu, 31 Jul 2008 15:11:19 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-250 Matt, for the sake of transparency, when you are not being a common investor, you're a sales rep for a wire service. Matt, for the sake of transparency, when you are not being a common investor, you’re a sales rep for a wire service.

]]> By: Matt http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-251 Matt Wed, 30 Jul 2008 20:55:12 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-251 Wire releases may or may not be required but to say that filing a document at the SEC is the same is also very mis-leading. Imagine the world without the many FREE investor tracking websites. This information is provided to hundreds of thousands of investors world wide at no cost. Remove the wire fees and the majority of investors would have to hunt and peck all over for the information. Have you searched at the EDGAR website??? It easy to bash wire... sure it pricey. But as a common investor I love that I can find my information for free... that the disclosure takes place around the same time every year. If anything I say get rid of the forms that file at the S.E.C. that's what is repetitive. Wire releases may or may not be required but to say that filing a document at the SEC is the same is also very mis-leading.

Imagine the world without the many FREE investor tracking websites. This information is provided to hundreds of thousands of investors world wide at no cost. Remove the wire fees and the majority of investors would have to hunt and peck all over for the information.

Have you searched at the EDGAR website???

It easy to bash wire… sure it pricey. But as a common investor I love that I can find my information for free… that the disclosure takes place around the same time every year.

If anything I say get rid of the forms that file at the S.E.C. that’s what is repetitive.

]]> By: SEC OKs websites and blogs for Reg. FD | IR Web Report http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-252 SEC OKs websites and blogs for Reg. FD | IR Web Report Wed, 30 Jul 2008 19:38:17 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-252 [...] the new guidance corporate websites or blogs can now be the sole means of disclosure. The SEC began studying the issue in late 2006 after Sun Microsystems CEO Jonathan Schwartz called the news release requirements an [...] [...] the new guidance corporate websites or blogs can now be the sole means of disclosure. The SEC began studying the issue in late 2006 after Sun Microsystems CEO Jonathan Schwartz called the news release requirements an [...]

]]> By: SEC to rule soon on websites for Reg. FD | IR Web Report http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-249 SEC to rule soon on websites for Reg. FD | IR Web Report Wed, 25 Jun 2008 09:28:33 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-249 [...] FD guidance to recognize disclosures on corporate websites, web feeds and blogs. I have explained at length why corporate websites that use web feeds and email alerts should be recognized and why the arguments from the PR wire [...] [...] FD guidance to recognize disclosures on corporate websites, web feeds and blogs. I have explained at length why corporate websites that use web feeds and email alerts should be recognized and why the arguments from the PR wire [...]

]]> By: Business Wire fumbles error on its blog | IR Web Report http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-248 Business Wire fumbles error on its blog | IR Web Report Fri, 28 Mar 2008 15:18:12 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-248 [...] suspect Business Wire has blackballed me from commenting on their blog because they don’t like what I have to say about wire services in general, BW in particular, and its parent Berkshire Hathaway’s frugal earnings release [...] [...] suspect Business Wire has blackballed me from commenting on their blog because they don’t like what I have to say about wire services in general, BW in particular, and its parent Berkshire Hathaway’s frugal earnings release [...]

]]> By: Business Wire, Yahoo! roll out readable releases - IRWebReport.com http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-247 Business Wire, Yahoo! roll out readable releases - IRWebReport.com Fri, 19 Oct 2007 06:39:04 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-247 [...] though I don’t believe that PR wire services are necessary for disclosure if companies use their websites and push technologies like email alerts and RSS properly, XHMTL [...] [...] though I don’t believe that PR wire services are necessary for disclosure if companies use their websites and push technologies like email alerts and RSS properly, XHMTL [...]

]]> By: Sun Microsystems dumps earnings releases — well, almost - IRWebReport.com http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-246 Sun Microsystems dumps earnings releases — well, almost - IRWebReport.com Wed, 25 Jul 2007 18:58:40 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-246 [...] We don’t need PR wires for Reg. FD [...] [...] We don’t need PR wires for Reg. FD [...]

]]> By: An ongoing Press Release » Reg FD disclosure rules get a new debate http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-245 An ongoing Press Release » Reg FD disclosure rules get a new debate Fri, 06 Apr 2007 15:51:22 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-245 [...] More conversation has happened around this topic including PR Newswire and Business Wire contributions. Here’s a great recap as of 2/07. Most recently Business Wire’s CIO recently wrote at length why he thinks RSS fails the Reg FD test. And Dominic Jones continues his point that companies should not be required to use (pay) newswires to fulfill Reg FD. Schwartz has another post on the topic which includes further communication with chairman Cox. [...] [...] More conversation has happened around this topic including PR Newswire and Business Wire contributions. Here’s a great recap as of 2/07. Most recently Business Wire’s CIO recently wrote at length why he thinks RSS fails the Reg FD test. And Dominic Jones continues his point that companies should not be required to use (pay) newswires to fulfill Reg FD. Schwartz has another post on the topic which includes further communication with chairman Cox. [...]

]]> By: Dominic Jones http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-244 Dominic Jones Tue, 27 Mar 2007 18:29:35 +0000 http://www.irwebreport.com/daily/2007/03/27/we-dont-need-pr-wires-for-reg-fd/#comment-244 Jonathan, Thanks for pushing for this, and doing so openly. I support anything that will prompt companies to recognize the Web's potential to build a dialogue between themselves and their owners and other stakeholders. Sun's proposals to the SEC are a big step in that direction because they will help to focus companies' attention on effective Web-based communication. A lot of good can come from that. Jonathan,

Thanks for pushing for this, and doing so openly. I support anything that will prompt companies to recognize the Web’s potential to build a dialogue between themselves and their owners and other stakeholders. Sun’s proposals to the SEC are a big step in that direction because they will help to focus companies’ attention on effective Web-based communication. A lot of good can come from that.

]]>