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Article: SEC approves firm's plan for electronic bulletin board

Article from:
THE JOURNAL RECORD
Article date:
June 27, 1996
Author:
Copyright

WASHINGTON -- The Securities and Exchange Commission approved Wednesday a California company's plan to create an electronic bulletin board to help investors buy or sell its common stock.

Real Goods Trading Corp., a Ukiah, Calif., company that sells alternative energy and conservation products, thus becomes the first corporation to win SEC backing to establish an Internet bulletin board for its own shares.

The proposal is one of many that the SEC expects to receive from companies who hope to turn the Internet into a new avenue for trading stocks and bonds. The Real Goods proposal was an extremely limited concept, and therefore presented fewer regulatory issues than the other, more ambitious ...

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