Stress Test Info: Is It Kosher To Withhold It From Investors?

I have a question. As the banks which were identified as needing more capital under the stress test begin to sell new equity how do they justify withholding the detail of the stress tests from prospective purchasers of that equity?

I’m not a lawyer nor do I have any deep understanding of securities law but it appears as if a great deal of relevant information is not going to be disclosed. That would seem at least to violate the spirit of full disclosure. 

Anyone thoughts on this would be appreciated.

Share

Related Posts

You can leave a response, or trackback from your own site.

Leave a Reply