Do Anonymous Internet Postings Violate Regulation FD?

March 09, 2009
There have been several publicly-reported instances in which a corporate executive or a person associated with an executive has posted messages anonymously on an investor message board or other internet forum, testing the boundaries of Regulation Fair Disclosure (‘’Regulation FD‘’). This article examines the implications of such actions under Regulation FD and the potential impact they may have on future regulatory policy.