Regulation FD requires simultaneous disclosure of critical information simultaneously to investment professionals and the general public with the exception of

Question

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Securities rating services such as Moody's Investor Services and Standard & Poor's are exempt from Regulation FD as they provide independent analysis and do not directly invest in the companies they rate. However, this exemption only applies to the extent that the disclosure of information is made solely in connection with a credit rating or similar analysis.

Regulation FD Requires Simultaneous Disclosure of Critical Information Simultaneously to Investment