The U.S. Securities and Exchange Commission has ended its investigation of Google's initial public offering without filing charges arising from an interview with Google's founders that appeared in Playboy magazine during the so-called pre-IPO "quiet period." Now, the commission plans to update its rules on the quiet period, loosening restrictions against pre-IPO communications while still outlawing statements that hype rather than inform. Navigating between the two remains a delicate art.
January 24, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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