And Urges Reg. FD Reform. (Management In Brief).(Brief Article)

Chemical Market Reporter, December, 2001

SEC Commissioner Laura S. Unger has issued three recommendations for Regulation Fair Disclosure (FD) based on an April SEC round table and industry survey. The rule, which has been in effect since October 2000, applies to end issuers selectively disclosing important or material company information to analysts.

The report recommends SEC should tell companies more definitively what information has to be made public under Regulation FD by providing additional guidance on materiality. The report also recommends that SEC should inventivize companies to provide more information by allowing greater use of technology to satisfy Regulation FD's public information dissemination requirements. Lastly, the report says SEC should closely examine post-Regulation FD market...

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