If the devil is in the details, we are witnessing the devil at work when it comes to the practical impact of Reg FD.
It's time to reassess whether its practical impact actually squelches communication between companies and investors instead of encouraging more dialogue.
The purpose of the Securities and Exchange Commission's enactment of Regulation Fair Disclosure toward the end of 2000 was to stop the whispering that sometimes went on between companies and analysts, especially around quarterly earnings. ...