MEDIA WATCH: SEC charges Siebel Systems once more

On June 30, Siebel Systems, the California-based software company, was officially charged for the second time with violating the SEC's 4-year-old rule known as "Reg FD."

On June 30, Siebel Systems, the California-based software company, was officially charged for the second time with violating the SEC's 4-year-old rule known as "Reg FD."

In a statement, Siebel said it didn't believe it had violated the rule. According to the AP, the SEC was very careful in drafting Reg FD to steer clear of imposing any restraints on the media's ability to report inside information. Most frequent messages 1. Siebel is charged with violating Regulation Fair Disclosure 2. Two top executives at Siebel were charged with aiding and abetting 3. Siebel Systems plans to fight the SEC 4. Siebel is one of the largest producers of customer software solutions 5. Siebel was once a Wall Street darling Based on 88 national, business, and top regional media articles from June 29 to July 6, 2004 Evaluation and analysis by Cymfony

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