Corporations still are hiding behind Regulation Fair Disclosure as an...

Corporations still are hiding behind Regulation Fair Disclosure as an excuse not to provide detailed financial information, according to an AIMR survey of financial analysts. A year after implementation of the SEC rule, analysts found that earnings guidance, forward-looking information and details about internal operations, costs and pricing, and sales volume are less available now. On a positive note, the Association for Investment Management and Research found that more investment professionals are doing more legwork, and their opportunities to participate in company conference calls and webcasts have increased, as have company e-mail alerts.