13-F Filings Under Review
The investor relations/financial public relations business has been dramatically transformed by
the digital age. Investors require
information when it happens, as it happens.... or else it is "old
news." So why shouldn't public
companies, and for that matter, other investors, have access to current
shareholder information more quickly than is currently mandated by current SEC
regulations? How often have we heard
from potential investors-- "who
else owns the stock?" -- when they
are considering taking a position in a public company. We are all judged by the
company we keep... or don't keep. We
support the Petition made by NYSE
Euronext, the Society of Corporate Secretaries and Governance Professionals and
the National Investor Relations Institute to shorten the reporting period for
13-F filings from 45 days after the end of the quarter to only two days after
the end of the quarter. It’s about
time. Take a look at the Petition that
was filed on February 1, 2013 and judge for yourself https://www.sec.gov/rules/petitions/2013/petn4-659.pdf

No comments:
Post a Comment