Throwing caution to the wind

When Arthur Levitt speaks on fair disclosure, the investor relations world had better sit up and listen. And Arthur's been banging on about it quite a bit of late. Those who haven't heard the head of the US Securities & Exchange Commission talk about selective disclosure issues over the past year or so have likely had their heads buried in the sand. But now he's got really serious and it's time to clear your ears out. One of the latest missives from the SEC – announced in mid-December