Revision of Regulation FD under the Dodd-Frank Act and the Timing of Credit Rating Issuances
Regulation Fair Disclosure (hereafter, Regulation FD), implemented in 2000, prohibits U.S. public companies from disclosing non-public information selectively. Section 100(b)(2)(iii) of the regulation, however, allowed issuers to disclose...
by
Ashiq Ali
Ningzhong Li
Hoyoun Kyung