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Big Upgrade In Corporate Disclosures Since Lehman Collapse

September 18, 2013

The degree of compliance activity in major companies has increased since the collapse of Lehman Brothers, and disclosures regarding investigations and pending legislation are typically far more thorough. JP Morgan, for example, included a nine-page litany of investigations and pending litigation in its recent quarterly filing. But increased compliance costs are significant, and some question the benefits.

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