Regulation Fair Disclosure (Reg FD)
Regulation Fair Disclosure (Reg FD) is a U.S. Securities and Exchange Commission rule that prohibits selective disclosure of material nonpublic information by issuers and certain insiders; when such information is disclosed to one outside party, it must be disclosed to the public.
Example: If a company's chief financial officer shares income guidance with a group of analysts, Reg FD requires the company to issue a public disclosure of the same information to ensure broad access for all investors.
💬 Comments