A new SEC rule could create a compliance minefield. "Analysts are kind of on pins and needles really figuring out if their lines of communication are going to shut down," says David Prince, general counsel for the investment banking firm Robinson-Humphrey in Atlanta. Under the new rule, companies can no longer selectively disclosing information to analysts and must disclose "material" data to everyone.
August 14, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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