These statutes are premised upon the notion that full disclosure of information regarding managers, including adverse information, is necessary for investors to make sound decisions regarding their money.

FORBES: Hidden Crimes; Too Many Secrets: How Money Managers Hide Illegalities From Investors (August 1, 2000)

Complete and full disclosure of all material facts is the only way to ensure that clients will have all of the necessary information from which to make a prudent decision.

FORBES: Stanford's Victims Still In The Dark