Abstract:A corporation whose stock is traded on any national stock exchange is subject to the disclosure requirements of both the federal securities laws 1 and stock exchange rules.-The purpose of disclosure is to provide investors with adequate information on which to base investment decisions and to maintain fair and orderly securities markets. 3 Premature disclosure of corporate merger negotiations, however, poses a substantial threat to investors because of the likelihood that disclosure will cause the negotiations… Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.