• Regulation FD Adopted by SEC
  • April 30, 2003 | Author: Randall G. Ray
  • Law Firm: Gardere Wynne Sewell LLP - Dallas Office
  • On August 10, 2000, the Securities and Exchange Commission adopted Regulation FD, which addresses the problem of selective disclosure by issuers of material nonpublic information. When an issuer, or certain persons acting on its behalf, discloses material nonpublic information to certain categories of persons, the issuer will be required under the Regulation FD to make public disclosure of the same information. This article discusses the conditions of Regulation FD.