FP for CFO Magazine: Reg FD: preventing infractions

Moira Conlon writes for CFO Magazine: "Here are some best practices that can help protect a company from becoming the next Reg FD cautionary tale."

Regulation Fair Disclosure (Reg FD) was enacted in 2000 to preserve the integrity of the capital markets. Its purpose is to prevent unfair trading advantages via the selective disclosure of material nonpublic information to people who might trade on the news. The significance of Reg FD was recently reinforced by the SEC’s charge that AT&T selectively disclosed material information on quarterly gross revenue to Wall Street analysts.