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Wharton Business Daily
Should Firms Disclose SEC Investigations or Abstain from Trading?
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If a company is under investigation by the SEC, should that information be automatically be released to investors or to the public? Wharton Associate Professor of Accounting Dan Taylor discusses his research into whether or not companies are disclosing SEC investigations, and why the SEC needs to be vigilant and monitor trading in any firms they are investigating - even if the investigation isn't for insider trading.
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