We also find significant potential trading gains over three- to 30-day horizons after the conference for firms providing formal off-line access, suggesting that selective access can lead to profitable trading opportunities.

FORBES: Can Investors Benefit from Private Meetings with Management?

While we cannot conclusively determine that managers are providing selective disclosure in these off-line settings, our evidence does suggest that selective access to management conveys more benefits to investors than public access even in the post-Reg FD period.

FORBES: Can Investors Benefit from Private Meetings with Management?

We find significant increases in trade sizes during the hours when firms provide off-line access to investors and after the presentation when the CEO is present, consistent with selective access providing investors with information that they perceive to be valuable enough to trade upon.

FORBES: Can Investors Benefit from Private Meetings with Management?

This conversation offers rare access to the world of selective college admissions as it takes you inside the office at both an Ivy League university and a flagship state university.

FORBES: College Admissions: Forbes Roundtable Discussion

Thus, consultants often seek to enhance their influence with funds through a variety of devices such as limiting manager access to fund boards and selective disclosure of information regarding managers to boards.

FORBES: Compelling Pension Consultant Disclosure (June 1, 2002 )

This rule is designed to ensure that individual investors have equal access to information as large institutional investors, by prohibiting selective disclosure of material information.

FORBES: Connect