The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through corporate blogs,tweets,and Web sites.The first step is

Question

The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through corporate blogs,tweets,and Web sites.The first step is​

Quizplus · Accepted Answer

The first step when creating a new SEC rule is to publish a notice of the proposed rulemaking, allowing for public comment and input. This provides transparency and an opportunity for stakeholders to provide feedback and potentially shape the final rule. Once the proposed rule has been published, the SEC may compile it with others in the Code of Federal Regulations. An on-site inspection is not typically necessary for this type of rulemaking process.

The Securities and Exchange Commission Decides to Create a New