WASHINGTON: The Securities and Exchange Commission (SEC) has released its interpretive guidance for Web communications, which establishes that the Internet may be used by “some companies in certain circumstances” for public disclosure of material information, including earnings.
In the guidance, which was released today, the SEC wrote: “[W]e now believe that technology has evolved and the use of the Internet has grown such that, for some companies in certain circumstances, posting of the information on the company's Web site, in and of ...