English to Bulgarian Bus/Financial Finance (general)

CHAPTER III: DISCLOSURE BY THE CORPORATION TO THE MARKET
THE BANKER'S DISCLOSURE on flotation of a security gives to the market data designed to permit an appraisal of the security at once. This is merely the first of a series of disclosures which will be made so long as the corporation avails itself of the machinery of public exchanges. The banker thereafter drops out of the picture and, save in special circumstances, subsequent disclosures are made on the responsibility of the corporation itself.
Such disclosures take a number of forms. In order of importance they appear to be: (1) periodic statements of condition, (balance sheets and peculiarly income accounts); (2) extraordinary statements of condition and announcements, commonly in connection with a proposed development of considerable importance in the corporate affairs, as new financing, merger, reorganization, etc.; (3) extraordinary statements by the officers of a corporation commonly issued under peculiar circumstances—as, for instance, where there is a "corner" in the stock, or a bear raid leading to panic or the like, the corporate officials feeling it desirable to protect the shareholders against some abnormal situation; (4) information made available to brokerage or banking houses and designed by the corporation to be used by such houses in connection with market operations in the security; (5) information made available to standard financial publications or manuals; (6) occasional information made available without signature to financial periodicals.