selective disclosure

selective disclosure definition - finance
The practice of a corporation selectively disclosing information to certain Wall Street analysts or favored investors. Selective disclosure was declared illegal in 2000 when the Securities and Exchange Commission (SEC) passed Regulation FD. Selective disclosure used to be a common practice.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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