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Sun’s GC on Reg FD and the SEC

December 18, 2006 | Filed Under Technology, Regulation 

Sun general counsel Mike Dillon extends his leadership position on the web and corporate disclosure in Business Week online.

Mr. Dillon, working with Sun’s CEO-blogger Jonathan Schwartz, were first-movers behind an attempt to again more flexibility under Reg FD from the SEC for corporate disclosures via the web. In his words,

As Sun’s general counsel and corporate secretary, I strongly support this view—and beyond just executive blogging and investor transparency. Openness and transparency are critical to conducting business in today’s global marketplace. Markets are conversations. Openness and authenticity are vital factors in the sales cycle and in bringing products to market.

Mr. Dillon’s original post on the subject is here, and Mr. Schwartz’s is here (which has the original letter to SEC Chairman Cox).

More CEO and GC bloggers will help; a tip of the Wired GC cap to Sun. And this site could handle increased readership if I could get a beta version of one of these things in my backyard:

A BlackBox for transparency...