Real-time disclosure aids the enforcement process by ensuring the Federal Election Commission has timely information, by providing a tool for journalists and whistleblowers, and by fostering self-auditing and self-enforcement, as campaigns, parties and donors themselves work to avoid the immediate publicity that would result from real time disclosure of an illegal contribution.
Option 1. Real-time disclosure.
Real-time disclosure wouldn't mean creating a new system from scratch so much as making an existing process public.
Shandong, Zhejiang and Hebei were among the first provinces to start real-time disclosure of online monitoring data.
Labor says it will ban foreign donations, require near real-time disclosure of donations, lower the thresholds for disclosure and support increased public funding.
Although the Congressional Budget Office does not predict immediate savings, it has said that, "over time, disclosure has the potential to reduce spending," by reducing instances of overprescribing.
A move that surprised many, says Ma. "For me there is no better progress sign of than the requirement for the real-time disclosure.
The real-time disclosure of the online monitoring data on such a massive scale, China is probably the first country to do that," said Ma Jun.
Investec Guinness Flight Global Asset Management, which runs $460 million in seven domestic funds, offers monthly portfolio updates at www.gffunds.com, with a two-week lag; it plans real-time disclosure.
Jim Dyke, the Republican National Committee spokesman, countered that the Bush campaign "went further than any previous campaign in its disclosure efforts, with real-time disclosure on its Web site," including information about the Pioneers.
