Regulation Fair Disclosure

Regulation Fair Disclosure (Reg FD) is a rule that requires publicly traded companies to share material nonpublic information—important info that could influence an investor’s decision—simultaneously with all investors. Its goal is to promote transparency and fairness, preventing companies from giving insiders or select investors a ‘secret’ advantage. By ensuring everyone receives the same information at the same time, Reg FD aims to create a level playing field, making it easier for all investors to make informed decisions and reducing potential market manipulation or unfair practices.