Rupa Briggs

Rupa Briggs

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SEC brings Regulation FD enforcement action for selective disclosure via social media

On September 26, the SEC announced that it had charged public company DraftKings Inc. with violating Regulation FD, or “Fair Disclosure,” under the Exchange Act. The SEC alleged that the company selectively disclosed...more

10/17/2024  /  Disclosure Requirements , Enforcement Actions , Public Disclosure , Regulation FD , Securities and Exchange Commission (SEC) , Securities Exchange Act , Securities Violations
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