With the Internet craze reaching the public-offering markets, state, federal and foreign regulators are scrambling to catch up with technological advances
Article Abstract:
Securities and Exchange Commission (SEC) regulators, as well as state and foreign agencies, are attempting to address the many issues raised by initial public offering communications being made using electronic means. The SEC released an interpretive statement in Oct 1995 in support of the use of the Internet and other services to distribute prospectuses, but the agency set forth guidelines for ensuring that investors without electronic access receive the same notice. Investment banks and underwriters wishing to use the Internet may open themselves up to regulatory scrutiny in all the jurisdictions that the Internet reaches.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1996
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Internet use spreads through 'World Wide Web;' record-high utilization allows attorneys to communicate with one another around the globe
Article Abstract:
Attorneys are beginning to realize the advantages of the Internet. Internet users can exchange electronic mail with people throughout the world. Instant exchange of other kinds of mail such as newsletters is also possible. While the network may not be a good place for confidential communications, experts are trying to improve network security and tools for encrypting electronic mail are available at a modest price. The world wide web, which provides another level of Internet communication, is described.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
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More corporations using 'Net to reach investors; annual reports, shareholder proposals and proxy materials are accessible on the Internet
Article Abstract:
Corporate secretaries should learn to use the Internet to communicate with investors and shareholders. Proxies, shareholder proposals, and corporate reports can be effectively disseminated over the Internet, which is becoming a primary communication system for investors. Printing costs can be reduced, and investor relations improved, by use of the Internet. Procedures for electronic distribution of proxies, notices, and disclosures are rapidly being developed and used.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
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