Securities Advisory: The SEC Adopts Regulation FD and Rules 10b5-2: New Selective Disclosure Rule and Insider Trading Rules
9/1/2000
Regulation FD-the "Fair Disclosure" Rule
- Introduction
- Text of the Regulation
- Covered Categories of Persons Disseminating Information
- Covered Categories of Persons Receiving Information
- Disclosure Exemptions Under Regulation FD
- Materiality of Information Covered by the Regulation
- When to Make Public Disclosures
- How to Publicly Disclose Material Information
- Issuer Liability under Regulation FD
- Practical Guidance
Rules 10b5-1 and 10b5-2- Protection for Pre-Existing Securities Purchase or Sale Plans, and Clarification of "Misappropriation" Theory
Rule 10b5-1: Trading "On the Basis of" Material Nonpublic Information
- Analysis of Rule 10b5-1
- Practical Guidance for Taking Advantage of Safe Harbor Provisions
- Rule 10b5-2: Clarification of the "Misappropriation Theory"
