Disclosure, materiality & market conduct · Core

Market-sensitive information

Also called: price-sensitive information

ELI5

Non-public information likely to affect a security's price or investment decision.

Used in conversation

“The draft mentions market-sensitive information, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Market-sensitive information” in annual reports, earnings decks, filings and investor presentations when the discussion reaches disclosure, materiality & market conduct.

Why it matters: In disclosure, materiality & market conduct, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.