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Public disclosure of material nonpublic information can be made under Regulation FD by filing a Form 8-K with the SEC or by other means which are reasonably designed to result in broad and non-exclusionary distribution of the information to the public. However, the SEC does not yet have rules in place governing the use of social media as a means of disclosing information to the public under Regulation FD.

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Topics:  Disclosure Requirements, Facebook, SEC, Social Media

Published In: Business Organization Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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