Under Rule 10b-5 a company may not have a "no comment" policy,and must act to dispel untrue rumors.

Question

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Under Rule 10b-5, companies are not required to comment on rumors or speculation, but if they do choose to comment, they must ensure that their statements are not misleading or false. However, the rule does require companies to disclose material information that could affect the value of their securities.

Under Rule 10b-5 a Company May Not Have a "No