The SEC’s Regulation FD, which required companies to share all important data with all investors – rather than with analysts – has proved controversial. Critics said it would impair analysts’ ability to forecast earnings and create havoc in the markets. Supporters argued that it would merely level the informational playing field. Who was right? One of the first efforts to measure the quantitative effects of Regulation FD offers some surprising answers.
Content: Article
Authors: Partha S. Mohanram, Shyam V. Sunder
Source: STERNbusiness (NYU)
Subject: Finance
Industry: Investing
Authors: Partha S. Mohanram, Shyam V. Sunder
Source: STERNbusiness (NYU)
Subject: Finance
Industry: Investing
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