WASHINGTON: The Securities and Exchange Commission (SEC)'s recommendation Wednesday, July 30, that rules be set to govern how corporations disclose their earnings and other information on their Web sites could drastically impact the newswire business and shift the way IR and financial PR pros execute their communications.

Public companies, in their efforts to adhere to Regulation FD (Reg-FD) and Sarbanes-Oxley (SOX) rules, have been notoriously weary of using the Internet as a public space for the dissemination of material information. However, this ...