In an interesting turn of events, the Securities and Exchange Commission may start allowing companies to fulfill their public disclosure requirements for financial announcements through their corporate blogs. From Brian Solis:
For several years, Sun CEO, Jonathan Schwartz has lobbied the SEC to allow disclosure of financial information through corporate blogs. In a landmark announcement, it seems that Mr. Schwartz may indeed get his wish, and with it, a historical decision that could break the age-old shackles that bound businesses to traditional media and distribution channels in order to satisfy full disclosure.
If you’re a corporate blogger, this may make your life easier. See the recent TechCrunch article SEC To Recognize Corporate Blogs as Public Disclosure. Can We Now Kill the Press Release?
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Thanks for the info. It sure would give a lot more power to blogs.