The problem is that when you actually look at the documents from some of the troubled investments during the financial crisis, in many cases the disclosure was copious.
Universities are responsible for policing conflicts of interest and, in many cases, the required disclosures of their faculty.
And the chairman of the real property section of the city's bar association, L. Stanton Towne, said his organization had called on Governor Pataki to veto the bill, in part because "in many cases, the act requires disclosure far greater than many sellers could reasonably be expected to give; for instance, whether there is lead plumbing, the type of roof covering".
"The S.E.C. is requiring more complete (transparent) disclosure in many cases," Mr. Lee wrote in an e-mail, adding that the risk of overbooking was recognized when the rules were written.
Raising money internally, or from banks, "kept things in the family" and in many cases avoided the need for disclosure of the jiggery-pokery that all too often characterised Italian business (see Parmalat, Cirio, etc).
A proxy advisory recommendation drawn from unaudited disclosure can in many cases create a new requirement for companies one that has added cost and burden beyond existing securities disclosure.
Disclosure is in many cases not automatic.
In many cases, it is prudent to delay disclosure at least until the company has a more complete understanding of the potential implications and costs of the government inquiry.
Had the Verona Fathers acted on disclosures throughout the 1960s, many cases could have been prevented.
And because of this, the idea that requiring still more, better or clearer disclosure is likely to be unfruitful in many cases.
"Hillary Clinton has met every test of disclosure we expect of presidential candidates — in many cases, has gone even further," Mr. Kaine said.
