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. Here’s a Scribd version of the complete release, which can also be downloaded in PDF from the SEC’s website. See my initial [...]
US firms love e-proxy savings, but at what cost?
DESPITE the risk that they might be reaping short-term gains while laying the foundation for long-term pain, 566 US companies used notice-only e-proxy mailings for their shareholder meetings by the end of April. According to figures compiled by Broadridge Financial Solutions Inc., companies have saved about $132 million through lower print and mailing costs. Unfortunately, [...]
Are Broadridge's servers slow for you too?
I’VE HELD off bringing this up before because I feel bad for the folks at Broadridge Financial Solutions. They’ve been getting it in the neck recently over this whole e-proxy debacle. Even the Colgate-Palmolive Company called them out this week in a letter to the company’s shareholders, though I think there may be more to [...]
Did Shareholder.com finally get a clue?
INVESTOR relations website developer Shareholder.com, a subsidiary of Nasdaq Stock Market Inc. (NASDAQ:NDAQ), appears to be finally getting the message that snooping on the activities of investors on company websites is unethical — and even illegal. At some point in recent weeks, Shareholder.com has changed the marketing information on its website to remove many references [...]
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