Assessing Materiality: Focusing On The Reasonable Investor When Evaluating Errors, Paul Munter, SEC Acting Chief Accountant, March 9, 2022
<h3>Introduction</h3> <p>Under our federal securities laws, public companies are required to disclose certain financial and other information to investors. The basic premise of this disclosure-based regulatory regime is that if investors have timely, accurate, and complete financial and other information, they can make informed, rational investment decisions.</p>
Source: mondovisione.com