B is incorrect, because requiring the release of all material information could harm the interests of investors. Not all material information is meant for the public’s knowledge. As such, releasing this type of information, for example, could cause a company to lose its competitive advantage, thus harming investors. Standard II(A): Material Nonpublic Information prohibits acting or causing others to act on material nonpublic information so as to not disadvantage investors who do not have access to the same information.
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If some information is material to maintain the competitive advantage the how can you disclose it. Your company’s moat will perish and you will not have an edge over others.