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May 31, 2005

Does Reg FD finally have teeth?

Comments on the disclosure case that's shaking the IR world.

More than four years ago when Regulation FD was first introduced, I wrote an article suggesting that the policy was mostly bark, little bite, and had limited applicability. It appears I may have been premature in my assessment. Recent events involving the SEC and Flowserve have companies reconsidering their policy on issuing guidance and wondering if the future of one-on-one meetings is in jeopardy.On March 24 this year the SEC settled enforcement proceedings citing Scott Greer, Flowserve’s

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