United States:
Listed Companies: Dealing With Reporting Obligations In The Context Of Antitrust Proceedings
16 September 2016
McDermott Will & Emery
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Financial regulatory authorities such as the US Security and
Exchange Commission (SEC) and the French Autorité des
marchés financiers frequently impose on
companies that are listed on a stock exchange the obligation to
disclose key information to investors to help them make informed
investment decisions.
The difficulties for companies lie principally in the nature of
the information to be disclosed, the timing of the disclosure, and
the balance of the obligation towards financial regulatory
authorities on one hand, and competition authorities on the
other.
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