Although there may be nothing illegal about backdating per se, failuretodisclose 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。
2
FAILUREtoDISCLOSE 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。
3
A settlement between BofA and the Securities and Exchange Commission over the bank's alleged failuretodisclose bonuses at Merrill was recently rejected by a judge.