It’s time for the SEC to let companies communica
Post# of 8802
Posted On: 05/23/2016 3:22:47 PM
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It’s time for the SEC to let companies communicate more freely with everyone, not just the chosen few. Today’s investors have easy access to all sorts of information — including SEC filings — and are unlikely to be suckered by just a few optimistic syllables, restrictions were ridiculous seven years ago and remain ridiculous today.
It’s worth noting that the pre-filing “quiet period” doesn’t actually exist, at least not officially. The phrase is nowhere the SEC’s reams of regulations. Instead, it’s legal shorthand for a series of securities laws drawn up in the 1930s, when information-starved investors kept getting fleeced by snake-oil salesmen.
It’s worth noting that the pre-filing “quiet period” doesn’t actually exist, at least not officially. The phrase is nowhere the SEC’s reams of regulations. Instead, it’s legal shorthand for a series of securities laws drawn up in the 1930s, when information-starved investors kept getting fleeced by snake-oil salesmen.
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No matter how stupid you feel, remember, Little Red Riding Hood couldn't figure out a talking wolf in drag wasn't her grandmother
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