SEC May Discontinue News Digest

Stinson - Corporate & Securities Law Blog
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The indications are the SEC may discontinue publication of its time-honored daily News Digest.  It has not been published since mid-December.  It’s really not surprising since most of the information included in the publications is already available on the “What’s New” page, and many did not understand the need for the compendium of filings which concluded the publication.

We queried SEC spokesman John Nester about whether the publication was going to be deep-sixed because of redundancy and by e-mail he responded “We’re evaluating, but yes, one of the considerations is that all the info is already available on the website in real time.”

It’s OK with us.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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