The system of disclosure largely in effect today is called:
A)selective disclosure.
B)conventional disclosure.
C)differential disclosure.
D)standard disclosure.

Question

Quizplus · Accepted Answer

The system of disclosure largely in effect today is called differential disclosure, which allows for different levels of disclosure for different audiences or types of investors. This system was put in place by the SEC in the 1970s to address concerns about the unequal access to information among investors.

The System of Disclosure Largely in Effect Today Is Called