The Internet and Regulation FD

For those interested in Sun's and my continuing engagement with Chairman Cox at the US Securities and Exchange Commission, related to using the internet as a vehicle to ensure broad, fair and non-exclusionary access to information about corporate performance, please see my most recent letter to him, below. For those interested in more good thoughts on the topic, see Tim Bray's cogent analysis. __________________________________________ The Honorable Christopher Cox, Chairman United States Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Dear Chairman Cox: In your letter of November 2, you raised potential challenges to permitting blogs and corporate websites to be used to satisfy Reg FD's "widespread dissemination" requirement. Specifically, you inquired whether “there exist effective means to guarantee that a corporation uses its website in ways that assure broad non-exclusionary access, and the extent to which a determination that particular methods are effective in that regard depends on the particular facts.” Some of the comments to my blog echo the same concerns: critical company information could be difficult to find, accessible only with a registration or technologically obstructed. We understand these apprehensions, but are confident that they can be addressed with clear directives from the SEC on the presentation and accessibility of information on corporat...

Date: March, 08 2007
Url: http://blogs.sun.com/jonathan/entry/regfd_and_the_odf_tidal

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