Sneak previews as securities law violations

The Securities and Exchange Commission is apparently looking into the question of whether for a movie company to hold prescreenings of upcoming movies for stock analysts “constitutes disclosure of material information to a group of select people”, thus potentially running afoul of public disclosure regulations. Bruce Carton (Aug. 26), Larry Ribstein (Aug. 26) and Tom […]

The Securities and Exchange Commission is apparently looking into the question of whether for a movie company to hold prescreenings of upcoming movies for stock analysts “constitutes disclosure of material information to a group of select people”, thus potentially running afoul of public disclosure regulations. Bruce Carton (Aug. 26), Larry Ribstein (Aug. 26) and Tom Kirkendall (Aug. 29) comment.

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