Monday, June 4, 2007

US group pushes for shareholders to disclose more

(Reuters) - "The amount of disclosures investors are being asked to put
out is microscopic," said Mark Hynes, a member of the
Disclosure Advisory Board, and managing director of investor
relations services at PR Newswire. "There's been enormous
pressure for companies to reveal absolutely everything ... It's
gotten a little bit out of balance."




The group, called The Disclosure Advisory Board, argues in
a white paper posted on Monday that shareholders who trade
large blocks of securities should be required to disclose more
about their activities earlier.


Read more at Reuters.com Government Filings News

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