When you viewing SWF content in Internet Explorer 9 with Flash Player 10.3.181.14 installed, the SWF content appears in the upper-left corner of the screen. The reports for Flash Player 10.3 indicate that systems with Intel HD Graphics adapters running Internet Explorer 9 are the systems impacted by this particular bug.
Note: If you encounter this issue on a different configuration, see this page for details on generating the information Adobe requires for further investigation.
Updated May 31 2011: Flash Player 10.3.181.16 has been released to address this issue. Please update to the most recent version of the Flash Player to solve this issue.