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Report: Asbestos Litigation Disaster for Investors Could Be Repeated With Nanotechnology Unless SEC and FASB Close Eight Major Loopholes Now Preventing Honest Disclosures
Date:6/16/2009

opholes identified in this report allow companies to avoid estimation and disclosure of contingent liabilities. They reflect a pervasive 'don't ask/don't tell' approach which is no longer tolerable in a public policy environment where restoring investor confidence is the priority. Current regulatory reform efforts already underway at the SEC and FASB provide opportunities to close these loopholes ..."

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The Investor Environmental Health Network is a collaborative partnership of investment managers who manage more than $25 billion in assets and are concerned about the financial and public health risks associated with corporate toxic chemicals policies.


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SOURCE Investor Environmental Health Network, Falls Church, VA
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