We also need better disclosure in the whole area.
The group contends that better disclosure by companies will help protect shareholders - and prompt companies to do good.
Federal legislation had made it harder for companies to walk away from such promises and accounting rules were about to force somewhat better disclosures.
Consumers need help comparing services, and better disclosure is the way.
Next year there will be better disclosures, but questions will remain.
The securities association acknowledged that some tax-exempt bond issues should make better disclosure of their condition and practices.
The Big Five chief executives promised to work for better disclosures in that area.
His major initiative, to force better disclosure of executive pay, has been widely supported.
New rules protect investors in companies and mutual funds by requiring better disclosures.
With better disclosure, depositors would be expected to exercise their own responsibility in choosing where to put their money.