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Cyber Laws in IT & ITES

With the phenomenal and enormous growth of Internet specialized branch of Law called Cyber Law.

Immigration & Emmigration

When a person enters a new country for the purpose of establishing permanent residence and ultimately gaining citizenship , it is called

Immigration.But the residence of immigrants is subject to the conditions set by the Immigration Law.

Regulation Fair Disclosure

Regulation Fair Disclosure is more popularly known in its abbreviated form as Regulation FD or Reg FD. This is the norm of the US Securities and Exchange Commission implemented and made mandatory since October, 2000.

This Regulation bans selective disclosure of non public information by any public company to privileged investors without or before sharing the same with others. The instant Regulation brought about a sea change through enhanced transparency in the mode of company’s communication with investors. In the past many companies disclosed important information in press meetings and conferences, where from ordinary shareholders and the general public was excluded. At that time then large institutional investors and market professionals only enjoyed the benefits of selectively disclosed material information regarding the issuer and its securities.

In this background the aim of this rule is to ensure level playing field between the individual and institutional investor by removing disparate information positions.

This rule bans the practice of selective disclosures. It mandates that a public company must release information in such a manner that the general public has access to it at the same time as institutional investors and market analysts.

In case of accidental or non intentional disclosure to any party, the company must share the same publicly and widely within 24 hours.

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