Posts Tagged ‘disclosure’
Too much disclosure can sometimes be bad
MOST people place their faith in the disclosure-based model which says that the more information financial advisers and companies are made to tell the public, the better. This is the rationale behind Regulation Full Disclosure (RFD) in the US and the Sarbanes-Oxley Act of 2002, and is the preferred regulatory approach that has evolved over the past decade in tandem with deregulated markets.
Howeve… more
Pledged shares: CFA for better disclosure rules
(SINGAPORE) When it comes to pledged shares and margin loans, disclosure rules that require directors to make a judgment call are inadequate, the CFA Institute Centre for Financial Market Integrity said.
In a paper released yesterday, the CFA Institute Centre urged for higher disclosure standards in this area across Asia-Pacific stock exchanges.
Directors are the ones tasked with deciding whether… more




