September 2009 - Posts - Initial Private Opinion

September 2009 - Posts

Urgent - please update your RSS/Blog readers

Posted by Sandeep Parekh at 
If you were reading my blog entries in a blog/RSS reader, you will likely have to update the reader to the new website of my blog as Mint has upgraded the blog platform. You will continue to be directed to the right page if you go to the previous location by typing in the old location, but your blog/RSS readers will not update automatically. Please...

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SEBI proposals on financial disclosures - viva short term

Posted by Sandeep Parekh at 
SEBI's advisory committee on disclosures and accounting standards has come out with several recommendations for improvement of disclosures standards of listed companies. One of the proposals is to increase the frequency of the disclosure of the balance sheet from the current annual basis to a semi annual basis. This is being recommended on the basis...

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SEC blames itself - the report

Posted by Sandeep Parekh at 
I wrote this week about the report of the Inspector General of the US regulator SEC severely criticising the workings of the SEC in not uncovering the Bernie Madoff scam. The report is now public and I was impressed that such a self critical report was put up on the main page of the SEC's website. Here is the 22 page executive summary of the report...

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High Court states the law, let the SC obey

Posted by Sandeep Parekh at 
In a wonderful and rare event, the high court has shown enormous spinal righteousness in holding the correct law on right to information - that Supreme Court and other judges are not above the law and must respond to right to information (or freedom of information) requests. This was contrary to the hopeless argument of the Supreme Court judges that...

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