September 9, 2008 | 4 Comments »
Evaluating NIRI’s IR website guidelines 2
IN PART one of this review, I mentioned that the US National Investor Relations Institute’s (NIRI’s) executive alert on investor relations websites includes a list of 14 Do’s and Don’ts for IR departments to follow. In this post, I review each of the guidelines and explain why I think they’re either good or bad.
August 21, 2008 | 2 Comments »
No changes please, we’re PR Newswire’s Disclosure Advisory Board
PR NEWSWIRE has trotted out its Disclosure Advisory Board (DAB) to say that they do not see companies changing their disclosure practices any time soon in response to the US Securities and Exchange Commission’s (SEC) recent guidance for company websites.
August 19, 2008 | 7 Comments »
SEC unveils IDEA — and that’s all it is for now
I’VE BEEN following the Securities and Exchange Commission’s (SEC) moves around eXtensible Business Reporting Language (XBRL) for the past few years and I’m confused about why they chose now to announce that they will be launching a new database to host XBRL for companies and mutual funds.
August 19, 2008 | 4 Comments »
Cox to announce IDEA will replace EDGAR
YESTERDAY afternoon, a number of bloggers got an email inviting them to a press conference webcast today with US Securities and Exchange Commission (SEC) Chairman Chris Cox where he is supposed to unveil a “futuristic information disclosure system for investors and markets.”
August 15, 2008 | 2 Comments »
Despite poor retail vote, SEC may relax E-proxy deadline
DESPITE a dramatic drop in individual investor participation at companies using the new E-proxy process for their annual meetings, the US Securities and Exchange Commission (SEC) is studying “rulemaking refinements” that could make it easier for more firms to use the model.
August 15, 2008 | 6 Comments »
Huge social network for US shareholders planned
BROADRIDGE Financial Solutions Inc. (NYSE: BR), the giant investor communications and brokerage outsourcing firm, plans to connect every US company and every shareholder in a massive social network that could rival Facebook in terms of members.
August 13, 2008 | 2 Comments »
Why full-text press releases are now your enemy
UPDATE: Limelight Networks has responded to this article in the comments below.
US INVESTOR relations departments that continue to issue full-text press releases are not only wasting their shareholders’ money, they’re also shooting themselves in the foot by ensuring that their websites will fail to meet “recognized channel” status under the SEC’s new guidance for company websites.
August 8, 2008 | 3 Comments »
SEC greenlights "notice-and-access" news releases
THE US Securities and Exchange Commission’s (SEC) new guidance for company websites gives investor relations departments an opportunity to cut their disclosure costs and boost traffic to their websites by using “notice-and-access” news releases for Regulation FD.
SEC survey a reality check on retail investor web use
A SURVEY published by the US Securities and Exchange Commission (SEC) has found that retail investors rely heavily on financial advisors for their investment decisions and rarely use the SEC’s website or blogs for investment information.
August 2, 2008 | 8 Comments »
SEC’s new guidance for websites and blogs posted
THE US Securities and Exchange Commission (SEC) has published its 47-page interpretive release that explains how companies can use their websites and blogs to meet its requirements for public disclosure under Regulation FD.