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The investigation by the attorney general, Andrew M. Cuomo, appears to be focused on the adequacy of disclosure of policy terms and costs to students.
The agency said the accuracy and adequacy of disclosure regarding obligations by municipal securities issuers should be a concern for legislators and investors.
(Michael DuVally, a spokesman for Goldman Sachs, declined to comment on the supervision of Tourre or on the adequacy of disclosure in the Timberwolf, Hudson, or Anderson transactions. A spokesman for Tourre didn't immediately respond to a request for comment).
It introduced new provisions for adequacy of disclosure (e.g. the power to require samples in support of chemical patent applications), prior claiming, term extension in cases of proven inadequate remuneration, compulsory licences or revocation in cases of non-working in the UK, innocent infringement, and Crown use.
The SEC's strategy is evidently to limit its effort to the narrow issue of adequacy of disclosure, which is the common thread among the Goldman, Citi, and Merrill cases.
Although disclosure of financial ties is becoming more accepted within the scientific and policy communities, there are widely varying opinions about the adequacy of disclosure as a management strategy for financial conflicts of interest.
Similar(54)
The S.E.C. is concentrating on the adequacy of disclosures made by underwriters who sold bonds issued by the county or its municipalities to the public.
The plaintiffs also challenge the adequacy of disclosures made in a proxy statement sent out to stockholders of the selling company in anticipation of the stockholder vote.
First, the fact that an issue has traditionally been the subject only of federal regulation for instance, the adequacy of disclosures under federal securities law does not prevent a state AG from pursuing that issue.
Scientific journals are also encouraging disclosure as a way of dealing with financial conflicts of interest [ 44], however, the adequacy of disclosures in scientific articles has been questioned [ 32, 45].
The SEC recently has focused on the adequacy of perquisite disclosure.
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CEO of Professional Science Editing for Scientists @ prosciediting.com