__________ prohibits the practice of selective disclosure by issuers of publicly traded securities of material nonpublic information,such as advance warnings of earning results,to securities analysts or selected institutional investors before making full disclosure of the same information to the general public.

Question

Quizplus · Accepted Answer

Regulation FD (Fair Disclosure) prohibits the practice of selective disclosure by issuers of publicly traded securities of material nonpublic information to securities analysts or selected institutional investors before making full disclosure of the same information to the general public. The bespeaks caution doctrine is a defense used in securities litigation, the Misstatement Rule is part of securities fraud law, and Regulation AC governs communications with the public made by broker-dealers.

__________ Prohibits the Practice of Selective Disclosure by Issuers of Publicly