disclosure news from FierceFinance

If a hedge fund wants to take an active role in a Chapter 11 proceeding, how forthcoming does it have to be about its business and interests? That's a big issue right now, with lots of opinions. It... Read more...

We've noted that Wall Street is eagerly anticipating the trial of Bank of America (BAC) before judge Jed Rakoff. It's scheduled to begin March 1. But you have to wonder how the bank's negotiations... Read more...

The hits keep coming for Bank of America (BAC). The New York Post reports that Brian Moynihan was named general counsel on Dec. 10, 2008, "but was not technically allowed to offer crucial legal... Read more...

Looks like UBS and the U.S. government have struck a deal in the contentious case involving tax-avoiding U.S. clients of the big Swiss bank. The case will likely be dismissed as soon as the final... Read more...

Not so long ago, the SEC was pushing plain English as something that could foster better communication and disclosure to shareholders by issuers. Many people applauded, but when it came down to... Read more...

Goldman Sachs sparked a lot of talk with its strong first-quarter earnings. While shareholders were heartened by the big upside surprise, others focused on the big December loss. Business Week raises... Read more...

The New York Times reports that the Obama Administration is encouraging top investment banks to create and market the financial-crisis equivalent of war bonds: Bailout funds. The idea is to "give... Read more...

The hits keep coming for John Thain, whose stellar reputation has been badly tarnished by the collapse of Merrill Lynch and some questionable decisions. The latest: New York Attorney General Andrew... Read more...

Goldman Sachs has already agreed to buy back about $1.5 billion in auction rate securities held by customers and pay a $22.5 million fine. But the New York Attorney General is still looking into the... Read more...

The New York Times says this about the Muni market: "It's hard to believe that a market this big remains such a disclosure backwater." While we take disclosures about corporate bond issues for... Read more...