The judge-led inquiry is examining British media practices and preparing proposals for the U.K. government on possible press regulation.
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Instead, it wants regulation, as in the U.K. and Australia.
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It is unclear how the dual regulation would work out, with the U.K.'s Financial Services Authority overseeing the London side, and the U.S. Securities and Exchange Commission and NASD overseeing the U.S. side.
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The SEC has said that filing a form, known as an 8-K, or holding an earnings call are both ways to ensure compliance with the regulation.
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