In the same way food packages carry standard nutrition information, and credit card statements must now clearly show the total cost of interest charges over time, mutual funds will soon be required to provide basic information, in plain English, to help the average investor evaluate and select mutual funds. Read the rest of this entry »
Annual reports for most companies are due in March. Any company that sells securities to U.S. investors must report to the SEC on their business, their people, their successes and failures. But knowing exactly what kind of information is available to the investing public, where to find it inside the 10-K, and how to use it — that’s another story. Read the rest of this entry »
The Gestural Interface computer Tom Cruise used in the movie Minority Report is on its way to a conference room near you. Be the first in your company to make a dramatic, arm-swooping presentation, with information flying around the office wall! Read the rest of this entry »
Quick Quiz: Which company gives executives up to $15,000 for tax return preparations?
Uncategorized 1 Comment »Part A Which company provides to their executives reimbursements of up to $15,000 per year for Company-mandated tax return preparations?
- H & R Block (HRB)
- Jackson Hewitt Tax Services (JTX)
- AGL Resources Inc. (AGL)
- Morgan Stanley (MS)
Part B If the executives at this company do not use the entire amount for tax preparations, the remaining amount may be applied to which of the following choices?
- Country club fees or car service
- Business clothing or fitness centers
- Legal fees or car insurance
- Financial planning or estate planning
Check your answers.
The company continues to extend the leadership position achieved in 2009, with 35% market share for XBRL-mandated tagging and the highest SEC validation rate in the industry. Now, with an additional $12 million in new capital funding, “we’re at the heart of a great, world-changing opportunity,” said CEO Philip Moyer. Read the rest of this entry »
We reported last month that a variety of groups have petitioned the SEC to require more climate-related disclosures, given that changes in the climate and pending laws, could materially affect business operations. This week the SEC clarified its reporting requirements and posted new guidance – just in time for proxy season. Companies preparing their 2009 annual reports are learning they must consider environment-related issues. Read the rest of this entry »
Ever wonder how your neighbors are spending their money? How do their buying habits compare to your own? Here’s a new website for the nosey where you can find out just what the Joneses are doing – or maybe you’ll discover that you are the Joneses! Read the rest of this entry »
Uh oh. New guidelines from the Financial Industry Regulatory Authority warns security firms that they must keep copies of what any business-related communications posted on social networks – not just the official communications, but also of posts by any “associated persons.” Read the rest of this entry »
Quick Quiz: Which directors serve on multiple company boards – and how would you know?
Uncategorized No Comments »It’s a 2-part quiz this month. Which of the following directors serve on multiple companies boards – and how would you know?
- Lee Iacocca
- Sam Nunn
- Kenneth Duberstein
- David Z. Smith
Check your answer!
SEC requires more info on compensation, risk management, and directors’ qualifications
Uncategorized No Comments »After public outcry over the management, or mismanagement, of companies that have cost taxpayers while enriching its executives and directors, the SEC is expanding disclosure on who is in charge, what qualifies a board member, how directors are overseeing risks, and how they are being paid. Read the rest of this entry »

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