Tag: Regulation FD

sec examinations
Enforcement

SEC Charges DraftKings with Selectively Disclosing Nonpublic Information Via CEO’s Social Media Accounts

The Securities and Exchange Commission (SEC) recently charged DraftKings Inc. with a significant violation of Regulation Fair Disclosure (FD) for selectively sharing nonpublic information. The violation occurred when material information was disclosed via social media platforms, resulting in a $200,000 civil penalty. This article delves into the SEC charges against […]