SEC Regulation FD seeks to eliminate the practice of selective disclosure to a narrow group of institutional investors at the expense of the general investor.

Question

Quizplus · Accepted Answer

SEC Regulation FD (Fair Disclosure) is designed to prevent companies from selectively disclosing material nonpublic information to certain investors or analysts before making the information available to the general public, ensuring all investors have equal access to important company information.

SEC Regulation FD Seeks to Eliminate the Practice of Selective