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The OFT now wants legislation to force care homes to provide transparent price information.
The government is also investigating introducing a more robust and transparent price disclosure model of ongoing, sustainable reductions to the cost of medical devices.
The second alternative would be a marriage in which the financial risks of ill health are shared up to a point and raw, transparent price competition for the remainder.
The charges against Mr. Litvak should put Wall Street on notice that the government will try to police markets that require trust among the participants in the absence of transparent price information.
He listed "information deficits for market participants who cannot observe transactions as they occur and, thus, cannot benefit from the transparent price discovery function of the marketplace; information deficits for the public who cannot see the aggregate scope and scale of the markets; and information deficits for regulators who cannot see and police the markets".
With the lack of transparent price discovery, you have to mark to a market and a model really, not a market.
Similar(45)
Stocks are traded on transparent markets at transparent prices.
In markets with highly transparent prices, they are kings.
Unlike stocks, mortgage-backed securities lacked a liquid market with transparent pricing.
In return, they will want transparent prices and better service from both governments and private firms.
With transparent pricing, that should reduce clearing costs and allow more efficient use of collateral.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com