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The Lobbying Disclosure Act of 1995
Freedom of the press consists of constitutional or statutory protections pertaining to the media and published materials. With respect to governmental information, any government distinguishes which materials are public or protected from disclosure to the public based on classification of information as sensitive, classified or secret and being otherwise protected from disclosure due to relevance of the information to protecting the national interest. Many governments are also subject to sunshine laws or freedom of information legislation that are used to define the ambit of national interest. Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference, and impart information and ideas through any media regardless of frontiers
The creation of the Securities and Exchange Commission was considered part of Franklin Delano Rooseveltâ??s New Deal legislation. Following the Great Depression there was a great deal of distrust of the stock market. These laws were passed to increase public trust in capital market by requiring complete disclosure.
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