Regulation FD (Fair Disclosure)

Overview

Regulation Fair Disclosure (Reg FD) addresses, and generally prohibits, "selective disclosure" by issuers. Reg FD provides that when an issuer, or person acting on its behalf, discloses material nonpublic information to certain enumerated persons (such as securities market professionals, including research analysts, and potential buyers or sellers of the issuer's securities), it must make public disclosure of that information, including by filing a Form 8-K.