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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.40 | +0.40 | +0.35 | +0.15 | +0.10 | +0.10 | +0.05 | +0.17 | +0.23 | -0.05 | -0.10 | -0.15 |
AOL-Time Warner $165B megamerger
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The SEC has adopted Regulation FD, prohibiting U.S. public companies from selectively disclosing material nonpublic information to analysts or investors without simultaneous public disclosure. Violations may lead to enforcement actions, but not private lawsuits, and the rule may reshape how companies communicate with the market, especially around earnings guidance and investor relations. The regulation takes effect in October 2000, requiring broad public dissemination via press releases or Form 8-K filings.
Chase agreed to acquire the storied J.P. Morgan investment bank, a signature deal enabled by Glass-Steagall repeal. The merger created J.P. Morgan Chase and extended the consolidation of US finance into universal banks.