Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag SEC charges DraftKings with selective disclosure via CEO's social media, violating Reg FD, settles with $200k penalty.

flag The SEC has charged DraftKings Inc. for selectively disclosing nonpublic information to certain investors via CEO's social media, violating Regulation Fair Disclosure. flag This occurred in July 2023 when a post about the company’s growth was made but removed quickly, with public disclosure delayed by a week. flag DraftKings has settled by agreeing to pay a $200,000 penalty and will implement training to prevent future violations.

11 Articles