SEC Provides Updated Guidance on Use of Company Websites to Inform Investors

September 29, 2008
In a recent interpretative release, the SEC provides new guidance on the use of company websites to provide information to investors. This latest release builds on previous ones relating to the electronic dissemination of investor information. It focuses on the definition of “public” information posted on a web site for purposes of Regulation FD, as well as liability for previously posted information, among other issues. This update analyzes the provisions of the new release.