The internet has been buzzing about the new SEC guidelines and regulations regarding blogs, that’s right blogs. It appears that blogs are going to be recognized as official public disclosure mediums, meaning instead of a company having to write a fancy press release and sending it out to the world, a company will now be able to post the news on their corporate blog!
Here is a snippet from the excellent article on techcrunch written by Brian Solis.
“In a speech yesterday, SEC special counsel Kim McManus outlined new guidance the SEC is about to give companies on when they can use their Websites, including blogs, to disclose material information. What this means is that we can now finally kill the press release, at least in its current form.”
Check out the full article on techcrunch.
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