Regulation Fair Disclosure requires that when public companies release material information, they may not release it to securities professionals before releasing the information to the public.

Question

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Regulation Fair Disclosure (Reg FD) was introduced by the Securities and Exchange Commission (SEC) in 2000 to ensure that all investors have equal access to material information. Reg FD requires that when public companies release material information, they may not selectively disclose the information to securities professionals or analysts before releasing it to the public. This helps to prevent insider trading and level the playing field for all investors.

Regulation Fair Disclosure Requires That When Public Companies Release Material