In addition, the
disclosure document must also provide an accurate, clear and concise summary of all "material facts" relating to the franchise being offered.
This process can be facilitated by the preparation of an appropriately detailed and focused invention
disclosure document.
Piwowar said a possible example the Commission could use in devising its investor testing includes a summary
disclosure document similar to the mutual fund summary prospectus.
A jurisdiction considering POS disclosure should consider requiring that a POS
disclosure document disclose key characteristics including costs, risks and financial benefits or other features of a given product and any underlying or referenced assets, investments or indices, irrespective of the financial sector from which the products are derived.
In terms of the actual
disclosure documents, some revisions have been made to the minimum informational requirements.
The FTC business opportunity
disclosure document must include the following:
The laws mandate that the franchisor divulge about 40 specific items in its
disclosure document, based on the province, plus all other material facts during the full duration of the disclosure period.
"With LoanSifter's automated Safe Harbor
Disclosure document, I can ensure compliance and get a competitive edge with no added steps," said Jack Terrell; president of California Mortgage Advisors Inc., an innovative, fast-growing mortgage banker in northern California.
* Cutting by three or four times the size of the half-year
disclosure document, by basing it on interim rather than full-year accounting standards.
A prospectus is a
disclosure document containing key financial and non-financial information, which a company makes available to potential investors when it issues securities (shares, bonds, derivative securities) to raise capital and/or when it wants its securities admitted to trading on exchanges.
As part of the Annuity Disclosure model, a
disclosure document is required.