Citibank is the latest big bank to offer a slimmed-down, plain language disclosure for its checking account customers.
"Scrutiny shouldn't just be on FB for data misuse" is the key line there, though it's still hardly a plain English disclosure that Facebook paid for the message to be sent.
It can easily be solved with a plain-English disclosure, no?
"Our best answer to that is a plain-English disclosure that says we may have received money from this company and you should know that," Mr. Kaswell said.
In addition, the SEC's repeated emphasis on plain language disclosures attempts to reduce investors' costs of accessing information in narrative reports, especially for less sophisticated investors who may not understand technical jargon.
Lenders should also include a plain-English disclosure of loan terms in the lending process, Mr. Ranzetta said, and incorporate a loan's advertised benefits in the promissory note to make them contractual obligations.
contains, or is accompanied by, a plain-language disclosure form developed by the Secretary that clearly describes the nature of the TEACH Grant award, the service obligation, and the loan repayment requirements that are the consequence of the failure to complete the service obligation.
Last March, when the Federal Reserve and the Bush administration claimed that the subprime mess was "contained," Clinton called on regulators to take preemptive action -- including a foreclosure timeout, strengthening the Federal Housing Administration's capacities to respond to a crisis and cracking down on predatory lending practices with plain-language disclosure requirements.
"Hiding in Plain Sight: Can Disclosure Enhance Insiders' Trade Returns?" by M. Todd Henderson, Alan Jagolinzer et al. Can voluntary disclosure be used to enhance insiders' strategic trade while providing legal cover?
M. Todd Henderson, Alan Jagolinzer & Karl Muller, "Hiding in Plain Sight: Can Disclosure Enhance Insiders' Trade Returns?" (The Coase-Sandor Working Paper Series in Law and Economics No. 411, 2012).
But it's plain enough that disclosure is not going to happen on its own.
