The IT Law Wiki

Regulation Fair Disclosure

32,085pages on
this wiki
Add New Page
Add New Page Talk0

Citation Edit

Securities and Exchange Commission, Regulation Fair Disclosure (also called Regulation FD or Reg. FD), 17 C.F.R. 243.100-243.103 (Aug. 2000) (full-text).

Overview Edit

Regulation FD requires companies to distribute material information in a manner reasonably designed to get that information out to the general public broadly and non-exclusively. It is intended to ensure that all investors have the ability to gain access to material information at the same time. Reg FD reads as follows:

Whenever an issuer, or any person acting on its behalf, discloses any material nonpublic information regarding that issuer or its securities to [certain enumerated persons], the issuer shall make public disclosure of that information . . . simultaneously, in the case of an intentional disclosure; and . . . promptly, in the case of a non-intentional disclosure.

Also on Fandom

Random Wiki