This may have the perverse result of limiting the ability of the lawyers and compliance officers to catch the "really big one" amid excessive officer and director disclosure.
Both approaches included individual director disclosure of qualifications, with one category also presenting gender and race/ethnicity for each individual director and the other category presenting gender and race/ethnicity on an aggregate basis for the board.
The FINRA response for this story seemingly ruled out simple inadvertence or inattention as reasons for the lack of director disclosure.
One, the transaction is approved by the disinterested directors after disclosure of the material facts.
"It creates checks and balances with independent directors, a disclosure regime and S.E.C. oversight, all of which benefit investors," Mr. Roiter said.
A separate, but related question is the degree to which mechanisms of governance -- such as shareholder voting, take-over bids, independent directors, mandatory disclosure, and shareholder litigation -- can function adequately as substitutes for one another.
But the decision by Michael Horowitz, the I.G., to examine the propriety of the F.B.I. director's disclosure of politically damaging information about Clinton last October 28th was the right one.
The F.B.I. director's disclosure to Congress that agents would be reviewing a new trove of emails that appeared pertinent to its investigation into Mrs. Clinton's private email server — an investigation that had been declared closed — set off a frantic and alarmed scramble inside Mrs. Clinton's campaign and among her Democratic allies, while Republicans raced to seize the advantage.
Mr. Foerster, the former fund director, said that disclosure of directors' qualifications, employment history, compensation and detailed ownership in the fund should appear in all fund literature.
CAIRO — Al Jazeera, the pan-Arab news network financed by Qatar, named a member of the Qatari royal family on Tuesday to replace its top news director after disclosures from the group WikiLeaks indicating that the news director had modified the network's coverage of the Iraq war in response to pressure from the United States.
