Although there may be nothing illegal about backdating per se, failure to disclose it or properly account for it may constitute fraud.

就期权回溯本身而言，也许并无非法之处，但没有披露或对其做适当的说明，却可能构成欺诈。

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FAILURE to DISCLOSE could prejudice your right to recovery in the event of a claim or allow underwriters to avoid the policy from its inception.

未履行告知义务会影响您的索赔权利或者保险公司有权自起保日起取消保单。

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A settlement between BofA and the Securities and Exchange Commission over the bank's alleged failure to disclose bonuses at Merrill was recently rejected by a judge.

最近法院驳回了美洲银行与证券交易管理委员会达成的有关其涉嫌未披露美林银行奖金问题的协议。

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They allege wrongful termination and failure to disclose conflicts of interest involving analyst Jack Grubman.

FORBES: Magazine Article

To be sure, the failure to disclose a Swiss bank account can constitute a crime.

FORBES: What Does The Flap Over Romney's Tax Returns Suggest About Disclosure of His Swiss Account?

His failure to disclose this violated JAMA's policy, which insists on disclosure of such relationships going back five years.

ECONOMIST: Medical journals and ethics