Business Definition for: Disclosure Of Information
the release of information to a third party or parties that may be considered confidential. The disclosure of information in the public interest may be prohibited, permitted, or required, by legislation in a variety of contexts. For example: data protection legislation restricts the disclosure of personal data held by organizations; company law requires the publication of certain financial and company data; and whistleblowing legislation entitles employees to divulge information relating to unethical or illegal conduct in the workplace. Restrictive covenants and confidentiality agreements also regulate the information that may be disclosed to third parties.
Change happens. I knew that Disclosure, File 100 on Dialog, was going be removed before it disappeared. Even before I got a tip from an insider, I had sensed it would happen. The proliferating free EDGAR services on the Web could conceivably displace the need for paid...
This report examines the effects of disclosure regulation on the production of financial report information by municipal managers. It presents and tests an economic model of the effects of regulation on incentives to disclose information. The tests compare disclosure levels of municipal governments in Michigan, which requires GAAP, with those...
I talked with William O'Conor, Executive Vice-President for Product Development and Marketing for Disclosure. In discussing the future of Disclosure and other information vendors, Mr. O'Conor says, "It's no longer time; it's no longer content; so it evolves down to value added. People are not making...
On August 10, 2000, the Securities and Exchange Commission, by a 3-1 vote,1 adopted Regulation FD Fair Disclosure prohibiting public companies from making selective disclosure of material, nonpublic information to market professionals or shareholders. While the Commission rejected securities industry arguments that Regulation FD would chill disclosure and inhibit the...
The SEC was primarily concerned that some individuals, particularly analysts, receive material information from companies before that information is available to the public, giving these individuals an unfair advantage in the market. Essentially, the SEC is aiming to create a level playing field for all investors, with rules designed to...
This paper examines the impact of information disclosure on the valuation of CEO options and the incentives created by those options. Prior executive compensation research in the US has made assumptions about key input variables that can affect the calculation of option values and financial incentives. Accordingly, biases may have...
Section 6103.-Confidentiality and Disclosure of Returns and Return Information 26 CFR 301.6103p(2)B-1: Disclosure of returns and return information by other agencies. DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 301 and 602 Disclosure of Returns and Return Information by Other Agencies AGENCY: Internal Revenue Service IRS, Treasury. ACTION:...
While not intended to increase your liability exposure, the SEC'S new regulation will require a rigorous review of your disclosure policies and practices. THE SECURITIES AND EXCHANGE COMMISSION has long expressed concern over the potential selective disclosure of material nonpublic information during company conference calls or meetings with analysts...
The SEC's new rule on fair disclosure has been widely supported in principle. But working out the mechanics of compliance is creating headaches and uncertainty for many companies. As the calendar goes, the Securities and Exchange Commission's Regulation FD (for "fair disclosure") is very...
M2 PRESSWIRE-29 August 2002-ACCC: ACCC issues draft report on disclosure of telecommunications information C1994-2002 M2 COMMUNICATIONS LTD RDATE:08292002 The Australian Competition and Consumer Commission has moved to increase the level of publicly-available information on telecommunications services, by...
ON OCTOBER 23, THE Securities and Exchange Commission SEC passed Regulation Fair Disclosure FD. The new ruling forbids company officials to disclose substantive, nonpublic information to specified market participants, such as analysts and institutional investors, before it's offered to the public at large. The regulation also states that whenever an...
This paper analyses the role conferred to the communication of financial information in local governments. An effective disclosure of this information would satisfy the demands posed by many segments of society. We first examine the objectives that information disclosure pursues and its main addresses. Then, we describe the annual report...
Given the almost-instantaneous way that financial information can buffet a company's stock these days, it's hardly surprising that disclosure has become a contentious issue. SEC Chairman Arthur Levitt and many small investors had come to believe that leading analysts and mutual fund managers had developed an...
Confidentiality of information is vital for all the organizations whether small, medium, or large. This is a template which can be used as non-disclosure and confidentiality agreement. A Non-Disclosure Agreement NDA is a legal contract between at least two parties that outlines confidential materials or knowledge the parties wish to...
CAMBRIDGE, Mass.--BUSINESS WIRE--Aug. 3, 1998--Giga Information Group's (NASDAQ:GIGX) announcement last week that it made a Year 2000 Disclosure Library available to its clients via its Web site is proving particularly timely: the Securities and Exchange Commission on Wednesday unanimously approved more rigid guidelines for companies reporting on their Year 2000...
NEARLY A QUARTER OF companies responding to a recent survey are sharing less information with the general public since the U.S. Securities and Exchange Commission's (SEC's) disclosure rule took effect last October. Regulation Fair Disclosure FD forbids companies to selectively leak substantive financial information to favored market professionals -- such...
M2 PRESSWIRE-24 January 2003-ACCC: ACCC issues report on disclosure of telecommunications informationC1994-2003 M2 COMMUNICATIONS LTD RDATE:01232003 The Australian Competition and Consumer Commission has today issued a report outlining its views on the further public release of telecommunications information. ...
The Securities and Exchange Commission is adopting new rules to address three issues: the selective disclosure by issuers of material nonpublic information; when insider trading liability arises in connection with a trader's "use" or "knowing possession" of material nonpublic information; and when the breach of a family or other non-business...
SEC DISCLOSURE LAWS AND REGULATIONSCompanies that are privately owned are not required by law to disclose detailed financial and operating information in most instances. They enjoy wide latitude in deciding what types of information to make available to the public. Small businesses and other enterprises that are privately owned may...
Regulation FD, adopted by the Securities and Exchange Commission, forbids selective disclosure of material nonpublic information to market professionals by issuer companies. As a result, corporations and other issuer companies are tightening up the manner in which they disseminate information to broker dealers, investment advisers, investment...
