SEC Okays Financial Disclosure Through Corporate Blogs15 Aug
In an interesting turn of events, the Securities and Exchange Commission may start allowing companies to fulfill their public disclosure requirements for financial announcements through their corporate blogs. From Brian Solis:
For several years, Sun CEO, Jonathan Schwartz has lobbied the SEC to allow disclosure of financial information through corporate blogs. In a landmark announcement, it seems that Mr. Schwartz may indeed get his wish, and with it, a historical decision that could break the age-old shackles that bound businesses to traditional media and distribution channels in order to satisfy full disclosure.
If you’re a corporate blogger, this may make your life easier. See the recent TechCrunch article SEC To Recognize Corporate Blogs as Public Disclosure. Can We Now Kill the Press Release?
Thanks for the info. It sure would give a lot more power to blogs.