JWW
Thank you, I had forgotten they changed that a couple of years ago, so puts the issue to rest now
Not that I think it will in anyway change what this CC is all about or not, but thank you again for keeping it real.
I actually believe we had this debate once before on WMIH.
Disclosure of Material News
Companies listed on The N
asdaq
Stock Market are subject to regulations regarding th
e disclosure of
material news. “Material news” is information that would reasonably be expected to affect the value of
a company’s securities or influence investors’ decisions.
Nasdaq-
listed companies are generally required to:
•
Disclose material news promptly to the public through any
Regulation FD
-compliant method
or
combination of methods
, including:
o
Broadly disseminated press release
o
Furnishing to or filing a Form 8-
K or Form 6-
K with the SEC (may also include Forms 10-
Q
and 10-
K)
o
Conference calls*
o
Press conferences*
o
Webcasts*
o
Company web sites (For more information, please see
“SEC Guidance on the Use of
Company Web Sites
– August 2008”
o
Social media channels
(For more information, please see
“SEC
Says Social Media OK for
Company Announcements if Investors
Are Alerted”
).
* As long as the public is provided adequate notice (generally by press release) and granted access.
•
Provide
Nasdaq
MarketWatch
at least ten minutes prior
notice of certain material news events
when the public release of the information is made between
7:00 a.m. to 8:00 p.m. ET. If the
public release of the material information is made outside of 7:00 a.m. to 8:00 p.m. ET
, notify
MarketWatch prior to 6:50 a.m. ET. Notification must be made
via th
e
Electronic Disclosure
Submission System
.
MarketWatch reviews material news notifications and, w
hen appropriate,
may implement a temporary
trading halt to permit the public dissemination of the material news.
For more information, please see our
frequently asked questions
.
