Regulation FD

Regulation FD (fair disclosure) was created to bring better transparency and frequent communication with, and to, investors. Since Reg FD was adopted in October of 2000, the SEC's program of enforcement actions has included significant corporate and individual penalties for Regulation FD non compliance. Compliance11 software helps eliminate these potential penalties by making compliance tracking easier.

Regulation FD Compliance Software

In an effort to comply with Regulation FD, many companies find their managers buried in compliance paperwork, which is an expensive use of any company's most valuable assets. Compliance11's suite of financial software enables the automation of critical compliance to help manage it more efficiently. In addition it provides the following benefits:

• Easy to use system ensures adherence to rules
• Allows compliance officers to track employee trading activity
• Ensures all trading is not in violation of rules

Since its inception Reg FD has created potential headaches for a number of industries. Thanks to Compliance11 software, assistance is available to curtail inadvertent non-compliance and help carry the burden of complete regulatory disclosure across the board.

Regulation FD Executive Summary

"Regulation FD (Fair Disclosure) is a new issuer disclosure rule that addresses selective disclosure. The regulation provides that when an issuer, or person acting on its behalf, discloses material nonpublic information to certain enumerated persons (in general, securities market professionals and holders of the issuer's securities who may well trade on the basis of the information), it must make public disclosure of that information. The timing of the required public disclosure depends on whether the selective disclosure was intentional or non-intentional; for an intentional selective disclosure, the issuer must make public disclosure simultaneously; for a non-intentional disclosure, the issuer must make public disclosure promptly. Under the regulation, the required public disclosure may be made by filing or furnishing a Form 8-K, or by another method or combination of methods that is reasonably designed to effect broad, non-exclusionary distribution of the information to the public." http://www.sec.gov/rules/final/33-7881.htm

For more information on our compliance suite of applications, email us at info@Compliance11.com or schedule a demo today.