Regulation Fair Disclosure

And the rule that governs who hears what and when.

Regulation FD.

Regulation FD, which stands for Fair Disclosure, was adopted in 2000.

The core idea is that a public company should not give material non-public information to a favored few before everyone else.

Here is how it works.

Uh, if a corporate event falls within this laundry list, such as a resignation of the auditor, then the company must file a, a Form 8-K, uh, within a specified period of time, generally four business days, which is very long when you think about it.

The Regulation FD, going to fair disclosure, generally requires disclosure after 24 hours to the public.

This allows four days.

But unless a disclosure event falls into the 8-K laundry list, there's no duty to disclose that information generally until the next quarterly filing or what would be, what would be, if the proposal were adapted, semi-annual reporting or the annual report.

Yeah, I think you'll have to wait in less than an hour.

We'll start our investor day, so I wouldn't be violating Reg FD if I started sharing information right now.

But I think investors will be quite pleased with what we have to share.

Yeah, I was just wondering, because looking at some of the competitors' rates, like the snowflakes and the data dogs, I mean, they've really seen an acceleration in growth over that 30% level.