A NEW study by prominent accounting professors has found evidence that big investors benefit from information they glean in private meetings with company CEOs – and they say their findings raise questions about whether such meetings meet the spirit of Regulation Fair Disclosure (Reg FD). The study adds to the mounting evidence that large traders [...]
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As the Q2 reporting season winds down, a nightmare scenario for investor relations professionals comes to mind: accidentally leaking your company’s earnings release or M&A announcement by inadvertently posting it online. Such a leak spreads easily into a widespread spill into social or traditional media. Can’t happen? Well, it does. A panel discussion at the NIRI [...]
There was a front page article in today’s New York times as part of the coverage of the guilty verdicts against Raj Rajaratnam, that was titled, “Next Up: A Crackdown on Expert Networks”. The gist of the article is that federal prosecutors were…
There was a front page article in today’s New York times as part of the coverage of the guilty verdicts against Raj Rajaratnam, that was titled, “Next Up: A Crackdown on Expert Networks”. The gist of the article is that federal prosecutors were…
The Canadian Investor Relations Institute CIRI declares full text press releases as requisite for “full and fair” disclosure.
Narrow web disclosure practices are giving an unfair advantage to institutional investors at the expense of retail investors. Business Wire’s Neil Hershberg takes a look at the implications.
by Steve Messick, Chief Information Officer, Business Wire I always respond to a staff newbie when he or she comes into my office asking a question with, “Did you read the manual first?” I actually prefer to use a more famous acronym but, in the interest of political correctness, will not elaborate. But that is [...]
THE 90’s brought us faster computers, high-speed Internet access and online retail trading, all of which contributed to an increased awareness of the disparity between market information available to professional and retail investors. To address this disparity, in December 1999, the Securities and Exchange Commission (SEC), in keeping with its mandates of investor protection and [...]
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by Neil Hershberg, Senior Vice President, Global Media Forget about bedbugs. The real threat to anyone involved in the financial markets these days is spiders – and I’m not talking about the eight-legged variety. Spiders — sophisticated web-crawling software – are seemingly rampant on Wall Street, wreaking havoc in the financial markets, and yielding big [...]
by Cathy Baron Tamraz, Chairman and Chief Executive Officer, Business Wire Once upon a time, in the Year 2000, a wonderful law was passed that protected the interests of all investors in our great land. You may have heard of it; it was called Regulation Fair Disclosure. Thanks to the great mind of Arthur Levitt, [...]
