Regulation FD requires that brokerage firms share buy and sell recommendations with all clients simultaneously.

Question

Quizplus · Accepted Answer

Regulation FD (Fair Disclosure) requires that companies disclose material nonpublic information to all investors at the same time, but it does not apply to brokerage firms sharing buy and sell recommendations. Brokerage firms are still free to disseminate their recommendations to clients at different times and with different levels of detail, as long as they do not engage in insider trading or other illegal practices.

Regulation FD Requires That Brokerage Firms Share Buy and Sell