The Securities and Exchange Commission proposed its widely anticipated rules banning executives from passing company information to select groups, a practice known as "selective disclosure." Opening up the 90-day comment period, the SEC issued rules for feeding information into the market in a way officials say is more fair to individual investors. And the SEC has some suggestions for companies -- like utilizing Webcasting of analyst meetings -- to help keep the playing field level.
December 22, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Securities and Exchange Commission proposed its widely anticipated rules banning executives from passing company information to select groups, a practice known as “selective disclosure.”
Opening up the 90-day comment period, the SEC issued rules for feeding information into the market in a way officials say is more fair to individual investors. And the SEC has some suggestions for companies — like utilizing Webcasting of analyst meetings — to help keep the playing field level.
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