But at the same time, it shows that the law may have allowed companies to get away with not disclosing financial information that investors value," Mr. Davidoff writes.
By allowing newly public small companies to refrain from disclosing financial information for years, the bill will provide new targets for short-selling hedge funds.
But at the same time, it shows that the law may have allowed companies to get away with not disclosing financial information that investors value.
In an interview today, Dr. Angell said that disclosing financial ties to industry was the least doctors could do and added that in most cases, the ties should be simply severed.
But Mr. Trump, the largest shareholder and chairman of the board, could generally meet that obligation by obtaining approval from his board of directors and disclosing financial details in securities filings.
ATI Technologies, whose founder is being investigated for insider trading, agreed to pay 900,000 Canadian dollars ($742,120) to settle allegations that it misled investigators and delayed disclosing financial information.
