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Securities,
Corporate,
Administrative/Regulatory

Mar. 2, 2021

The SEC wants to know who’s in your Clubhouse

The SEC may see Reg FD as a useful tool to score a few wins in the face of mounting pressure to “protect” retail investors and crack down on attempts by market participants to “rig” the game against retail investors.

Nicolas Morgan

Partner
Paul Hastings LLP

Phone: (213) 683-6181

Email: nicolasmorgan@paulhastings.com

Nicolas is a partner in the firm's Litigation Department. He served as senior trial counsel in the SEC's Los Angeles office.

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Thomas A. Zaccaro

Senior Counsel
Hueston Hennigan LLP

Phone: (213) 788-4039

Email: tzaccaro@hueston.com

Boston College Law School

Thomas is a partner in the firm's Litigation Department. He served as regional trial counsel in the SEC's Los Angeles office.

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Kyle Jones

Associate
Paul Hastings LLP

515 S Flower St Fl 25
Los Angeles , California 90071

Phone: (213) 683-6189

Email: kylejones@paulhastings.com

Kyle is an associate in the firm's Litigation Department

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Joseph N. Montoya

Associate
Paul Hastings LLP

515 S Flower Street
Los Angeles , California 90071

Phone: 213-683-6192

Email: josephmontoya@paulhastings.com

See more...

The SEC wants to know who’s in your Clubhouse
Shutterstock

With social media’s power to swing the markets on full display in the recent rise and fall of GameStop’s share price, the question remains whether the Securities and Exchange Commission will begin using tools such as Regulation Fair Disclosure (known as “Reg FD”) to crack down on public companies and their executives’ social media presence. Communications on social media played an outsized role in influencing GameStop and other stocks’ share prices by pushing investor...

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