... know depends on who you are a laudable goal. For years, Wall Street investors have learned of key corporate information in private conversations with corporate officials before the rest of the investing public. This is a practice that is called, "selective disclosure". The SEC argues that the favored few could use this information for the benefit of their ... stock holdings or the holdings of their customers. Unfortunately in the views of the SEC, the average investor was generally the loser in this exchange. (Oppenheimer) This is the intended effect ... ...

• Word Count: 807
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate