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This chapter introduces the book “Wall Street Revalued,” which concerns with the interaction of the central banking policy with share prices, with their interaction with the economy and with the responses to misvalued asset prices which should sensibly be taken by investors and consultants other than dealing with the issues not previously or fully covered in “Valuing Wall Street.” The principles that...
This chapter contains sections titled:
Disclosure as an Effective Regulatory Tool
Normative Transparency of Disclosure
Disclosure Template
Normative Transparency and the Expense Ratio
Current SEC Expense Ratio
The New Total Expense Ratio
12b‐1 Fees and Multiple Share Classes
Transaction Cost Issues
Conclusions: Normative Disclosure, the Total Expense Ratio, and Regulatory Change
About the Author
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