Commissioner Cynthia A. Glassman
Thank you, Marty, for your kind words, and thank you, ALI-ABA, for the opportunity to address the 2006 Financial Services Institute. My theme this morning is the importance of transparency and effective disclosure. Shareholders and investors benefit when disclosure in prospectuses and other investment information is clear and comprehensive. They especially benefit when disclosure meets not only the “letter,” but also the spirit, of our disclosure requirements.
In my remarks this morning, I would like to discuss five initiatives that the Commission has already adopted or is currently considering adopting that are designed to improve the usefulness of information to shareholders, investors and the market.
See full Speech.
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