NEWSWIRES ARE taking a wait-and-see approach to the Securities and Exchange Commission (SEC)'s recent announcement that it will address how to disclose information on a corporate Web site in ways that adhere to Regulation-FD and Sarbanes-Oxley rules. Although some in the industry argue the proposed changes won't dissuade large corporations from using the newswires to release financial information, most agree that the SEC proposal signals a change in financial communications.
"[There's a] movement away from static information to interactive information," says ...