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Mittal says it is exploring ways of improving disclosure.
The nursing home rule, which was first proposed in July 2015, was aimed at improving disclosure.
Beyond that, Congress, when it convenes next week, should move forward with planned legislation that would tighten federal supervision over the credit card industry while improving disclosure laws and outlawing deceptive practices.
Although the plan called for improving disclosure of assets on bank balance sheets, it said regulators would "recognize the need not to adopt an overly conservative posture or take steps that could inappropriately curtail lending".
Federal regulators have acknowledged problems with overdraft fees since at least 2001 but have done little aside from improving disclosure and issue voluntary guidelines they hoped the industry would follow.
Moreover, in the past few years many American firms have changed their approach to executive pay, he says, improving disclosure and changing the composition of pay packages so that they provide stronger incentives to manage for the long run.
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Mary L. Schapiro, its head, has said that improving disclosures and practices in the municipal market is one of her top priorities.
These findings provide empirical evidence in the debate over the recognition of company-specific credit risk changes and offer direction for improving disclosures in the area of fair value accounting.
The scandal is also likely to intensify pressure for improved disclosure.
Mr. Geithner's proposal has the same twin goals: to improve disclosure and to police unsuitable sales of derivatives.
Legislators on both islands bridle at the term "tax haven" and insist they have improved disclosure and tightened regulations.
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