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Dr. Yifat Aran is a visiting scholar at the Technion, Israel Institute of Technology, and an incoming Assistant Professor in Haifa University Faculty of Law. She earned her JSD from Stanford Law School where her dissertation focused on equity-based compensation in Silicon Valley startups. Imagine that you get a job offer at your dream company. You start to negotiate the contract and everything sounds great except for one detail your future employer refuses to say in what currency your salary would be paid. It could be U.S. dollars, euros, or perhaps Japanese yen, and you are expected to take a leap of faith and hope for fair pay. It sounds absurd, but this is exactly how the startup equity compensation market currently operates. ....
Toward the end of 2020, Morningstar released the latest iteration of its Global Investor Experience study, with the chapter focused on Disclosure. I contributed to the study as the primary researcher and author for the section on the U.S. market. This study plays a valuable role in pushing the global fund industry toward best practices. In this column, I’m using my work on the “2020 Global Investor Experience Study: Disclosure” as a jumping-off point to consider a more basic question: What does disclosure mean in the context of mutual funds, and why should it matter to investors? The truth is that disclosure practices aren’t just an abstract concept of concern to regulators and asset managers they’re highly relevant and of tangible value to investors. ....
The month to find out where all this money paying for these ads in florida is coming from. so all the candidates should be supporting new laws so we have the information we need to enforce our election laws and to understand who is funding the ads. for those who have the transparency fantasy, sort of the completion of it would seem to be a nascar style identity where if i m politician i ve got my, you know, my nra badge and i ve got my sierra club badge and i ve got my oil company badge and i ve got my health care badge. is that a realistic thing? could we actually identify in a way that is easily absorbed by the american electorate the identity of the funders of every politician in this country so that people like me and the media could talk about it and use it? well the idea of a nascar jacket or uniform is a powerful metaphor. the way we see that disclosure work now is on the internet. what we re looking for is real time, online disclosure of where all the money is coming from s ....