Director FAQ: Boards and Regulation Fair Disclosure (Reg FD)

In brief: Shareholders now expect to communicate directly with members of the board; in response, directors are increasing their engagement with investors. This research memo provides guidance for directors on how to communicate with shareholders while remaining in compliance with Regulation Fair Disclosure (Reg FD).

This resource can help your board

• Engage shareholders outside of the annual meeting.
• Understand the scope of Reg FD and its provisions regarding communications with shareholders.
• Develop a board-shareholder communications policy.

Most relevant audiences: board chairs, lead independent directors, and general counsels