By Dominic Jones on August 27, 2008
TWO influential US Securities and Exchange Commission (SEC) alumni have raised concerns that broadening the use of eXtensible Business Reporting Language (XBRL) to non-financial information will increase disclosure costs, raise difficult legal liability issues, and create burdens on companies that are “formidable in the extreme.”
Former SEC commissioner and Stanford Law School professor Joseph Grundfest, and [...]
Posted in Investor Relations Blog | Tagged business, Christopher Cox, cleary gottlieb steen, disclosure, financial reporting, interactive data, Internet, Investor Relations, Joseph Grundfest, XBRL
By Dominic Jones on August 25, 2008
AS THE US Securities and Exchange Commission (SEC) considers new rules to require companies to begin filing their documents in eXtensible Business Reporting Language (XBRL), it has been having trouble finding software experts who can help make those filings usable to investors.
The commission put out a pressing call in June for contractors to help it [...]
Posted in Investor Relations Blog | Tagged business, Chairman Chris Cox, chris cox, EDGAR, finance, financial statements, footnotes, IDEA, interactive data, Internet, Investor Relations, Officer Michael Davis, SEC, securities and exchange commission, technology, XBRL
By Dominic Jones on August 21, 2008
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.
They have issued a statement that basically calls for companies to continue to use the services [...]
Posted in Investor Relations Blog | Tagged Anna Sussman, business, corporate communications, credibility, Deborah Kelly, disclosure, disclosure practices, genesis inc, goldman sachs, individual investors, Internet, Investor Relations, IR websites, Janet L. Fisher, Jerry Hostetter, John Bierbusse, John L. Kelly, Kurt Stocker, Lou Thompson, Mark Hynes, Martin Shea, Mary Beth Kissane, Mr. Hynes, new york stock exchange, notice-and-access, pr newswire, rss, sanderson farms, SEC, securities and exchange commission, Valerie C. Haertel, William A. Relyea
By Dominic Jones on August 8, 2008
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.
Although the SEC’s guidance goes so far as to say that “some companies” may not need to use wire [...]
Posted in Investor Relations Blog | Tagged business, business wire, disclosure, disclosure practices, earnings, EDGAR, feeds, hedge funds, Internet, Investor Relations, investor relations website, ir departments, IR websites, national investor relations institute, news releases, NIRI, notice-and-access, nyse, rss, SEC, securities and exchange commission, shareholder.com, technology, Thomson Reuters, twitter, us sec
By Dominic Jones on August 6, 2008
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.
The survey found that while 51% of investors said their financial advisors or brokers were their “main source” of information, [...]
Posted in Investor Relations Blog | Tagged blogs, disclosure, Internet, Investor Relations, investor relations website, IR websites, proxy statements, regulation fd, retail investor, retail investors, SEC, securities and exchange commission, SURVEY, survey report, website managers
By Dominic Jones on August 2, 2008
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.
Here’s a Scribd version of the complete release, which can also be downloaded in PDF from the SEC’s website. See my initial comments [...]
Posted in Investor Relations Blog | Tagged annual reports, blog, blogs, business, Compensation, corporate governance, disclosure, disclosure documents, earnings, EDGAR, electronic delivery, feedback, feeds, finance, financial information, financial reporting, forums, insider trading, Internet, Investor Relations, investor relations website, IR websites, law, management, market participants, new york stock exchange, newswires, nyse, proxy statement, quarterly reports, rss, SEC, securities, securities act, securities and exchange commission, strategy, technology, usability, XBRL, XML
By Dominic Jones on July 8, 2008
THERE is a growing chorus of calls for regulatory action in the United States against traders who spread false rumors to manipulate stock prices, but I think at least half of the problem lies with companies themselves — and poor investor relations practices in particular.
In today’s New York Times, Dealbook writer Andrew Ross Sorkin writes [...]
Posted in Investor Relations Blog | Tagged andrew ross sorkin, business, corporate communications, credibility, disclosure, FAQs, finance, HBOS, hedge funds, Internet, Investor Relations, investor relations website, ir communications, jpmorgan, lehman brothers, market participants, market rumors, new york times, progressive corp., SEC, securities
By Dominic Jones on June 25, 2008
THE US Securities and Exchange Commission (SEC) is expected to address within the next three months whether companies can meet their obligations under Regulation FD by posting information on their corporate websites and in RSS feeds, according SEC Chairman Chris Cox.
The issue is among three areas that the SEC’s Advisory Committee on Improvements to Financial [...]
Posted in Investor Relations Blog | Tagged annual meetings, blog, blogs, Broc Romanek, business, business wire, Chairman Chris Cox, chris cox, conference calls, corporate websites, disclosure, e-proxy, earnings, feeds, financial reporting, Internet, IR websites, law, liability, news releases, notice-and-access, reg fd, regulation fd, rss, securities, securities and exchange commission, sun microsystems, technology, web technology
By Dominic Jones on May 12, 2008
IR Web Report’s Q&As are unpaid profiles of service providers that we believe are doing interesting and innovative work in the area of online investor relations and stakeholder communications. If you would like your firm featured in a Q&A, we invite you to contact us using our general email inbox.
Firm name: zu.com communications inc. Date [...]
Posted in Investor Relations Blog | Tagged annual report, annual reports, areva, canadian investor relations institute, canadian oil sands trust, content management systems, disclosure, e-proxy, enerflex, feeds, Flash, GRI, Internet, Investor Relations, IR websites, isotechnika, national investor relations institute, online annual reports, online communications, Online Investor Relations, opti canada inc, Ryan Lejbak, social media, stakeholder communications, technology, Tony Zuck, TransCanada
By Dominic Jones on April 10, 2008
THE North American investor relations associations appear to be putting web-based disclosure on the front burner as the Internet moves to center stage and securities regulators increasingly rely on corporate websites to deliver information to investors.
Earlier this week, Jeff Morgan, the new President and CEO of the National Investor Relations Institute (NIRI), called to let [...]
Posted in Investor Relations Blog | Tagged business, canadian investor relations institute, CIRI, disclosure, financial reporting, Internet, investor communications, Investor Relations, jeff morgan, national investor relations institute, NIRI, SEC, securities and exchange commission, Sylvia Biggs, usability
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