The issue of vagueness is summarized in a more technical way by the philosopher Karl Popper who described--who introduced the term of falsifiability.

关于概念模糊的问题,哲学家卡尔·波普用一个更加专业的术语,进行了总结,他提出了“可证伪性“这个术语。

耶鲁公开课 - 心理学导论课程节选

The idea, from the beginning at the SEC, was that insiders should not be allowed to trade on information that is not properly disclosed to the public.

证交会从成立开始就规定,局内人不得利用未公开披露的信息,进行内幕交易

耶鲁公开课 - 金融市场课程节选