Excel Corporation is publicly held. Under the Securities and Exchange Commission's Regulation Fair Disclosure, the dissemination of material nonpublic information about Excel solely through Excel's Web site is

Question

Quizplus · Accepted Answer

Regulation Fair Disclosure (Reg FD) requires that if a company selectively discloses material nonpublic information, it must do so in a manner that provides for broad public dissemination of the information. Disseminating such information solely through a company's website does not constitute broad public dissemination and is therefore not allowed.

Excel Corporation Is Publicly Held