Client Alert
SEC Issues Guidance Regarding Company Web Sites
August 7, 2008
The SEC last week published guidance regarding the use of company web sites under the Securities Exchange Act of 1934 and the antifraud provisions of the federal securities laws. The guidance focuses principally on (1) when information posted on a company web site is "public" for purposes of the applicability of Regulation FD; (2) company liability for information on company web sites; (3) the types of controls and procedures advisable with respect to such information; and (4) the format of information presented on a company web site.
Click here to read our client alert describing the highlights of the SEC release.
If you have any questions regarding the SEC guidance, please contact either the Womble Carlyle attorney with whom you usually work or one of our Corporate and Securities attorneys.
Womble Carlyle client alerts are intended to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances, nor should they be construed as advertisements for legal services.
IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice within this client alert is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed in a client alert.
