Subject:
Full Disclosure ‘Full disclosure’ is a policy adopted by security market regulators that requires issuers of securities to disclose to investors all material information relative to the instruments offered into the market. Material information is usually considered to be information that could influence the price of securities on the market.
FASB
By John Schroy, on April 1st, 2006 |

FASB concept statement No. 5 represents a further slow tightening of the screws as to the way pension liabilities are reported — one step in a long, excruciating journey that has been underway for decades. This rule is expected to have an incremental negative impact on old, unionized companies, further decline in private defined-benefit plans, and higher state and local taxes.
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