From the NYT:
The chief executive of Sun Microsystems. Jonathan I. Schwartz, has asked the Securities and Exchange Commission to allow companies to disclose significant financial information through their blogs. ...
The S.E.C. currently allows blogs to be used to disseminate a company's financial information, but the blog must reach a broad audience. ...
An S.E.C. spokesman, John Nester, said that agency regulations contemplate ''Web-based disclosure, and that's why the rule does not proscribe any particular method of dissemination -- so long as it is broad and nonexclusionary.''