Securities law; selective disclosure

Article Abstract:

The SEC's proposed Regulation FD on selective disclosure is discussed, amd deals with the communication by corporate issuers of material, nonpublic information to securities analysts. The SEC has recognized that this does not qualify as insider trading when the corporate official disclosing the information obtains no tangible, personal benefit. The additional burdens on corporate counsel at reporting companies are discussed.

Securities law; tackling new Reg. FD

Article Abstract:

The SEC's Regulation FD, scheduled to take effect in Oct 2000 and barring the selective disclosure of nonpublic information by public companies, is discussed. The rule excludes information disclosed by certain people and corporations and also certain recipients of that information. Counsel's duties upon learning of selective disclosure are also discussed.

Securities law; electronic media

Article Abstract:

An SEC release on proposed rules for electronic offerings and also a proposed Regulation FD barring selective disclosure in most other contexts is discussed.

Marketing, Securities, Electronic commerce, E-commerce