SEC Mandated Quiet Period Doesn't Exist

from the good-excuses dept

Many companies chose not to talk to analysts or the press for a certain period of time prior to their earnings announcement citing the "SEC-mandated quiet period" which, apparently, doesn't actually exist. Of course, that doesn't mean they should start talking it up. The article suggests that some companies just use it to hide from disclosing news they're uncomfortable about. They also blame regulation FD for forcing companies to be more quiet. My impression is that it's just a leftover from the IPO process - where I believe the quiet period is actually required.

Add Your Comment

Have a Techdirt Account? Sign in now.
Name
Email	Get Techdirt’s Daily Email
URL
Subject
Comment	this is for spambots, do not use this
Options	Plain Text HTML
	Save me a cookie

Plain Text: A CRLF will be replaced by break tag, all other allowable HTML is intact
HTML: No formatting of any kind is done without explicitly being written in
Allowed HTML Tags: <a> <blockquote> <hr> <tt>

<< Stay Angry To Avoid Burnout | Tampa Face-Picking System Gets The Wrong Man Already >>

Search Techdirt

And now, a word from our Sponsors..

15% off discount for Techdirt Readers

Subscribe to Techdirt's Daily Email Newsletter