Rules Governing the Dissemination of News, Tips or Rumors About the Issuer Corporation or its Securities_1

September 3, 1969RULES GOVERNING THE DISSEMINATION OF NEWS, TIPS OR RUMORS ABOUT THE ISSUER CORPORATION OR ITS SECURITIESFor the purpose of maintaining sound and equitable trading in securities and to minimize undue speculation, the Commission, pursuant to the powers vested in it under existing laws, hereby requires all issuers, brokers, dealers and salesmen of securities to observe strictly the following rules: cdphil1. No advertisement or publication in any newspaper or in radio or television or by letters, circulars or notices tending directly or indirectly to promote the sale of, or subscription for, the securities of an issuer corporation shall be made without the prior approval of the Securities and Exchange Commission.2. No press release or newspaper report about the issuer corporation its business operations or activities shall be issued without factual basis nor presented in a manner that will tend to mislead the public, and should there be any newspaper report or news item coming from sources other than the issuer or its officers, which is not supported by the true facts or is misleading,...