The audited financial statements of venture funds (if any exist) typically state that the majority of the portfolio consists of non-marketable securities the valuations of which are determined by the manager of the fund.

FORBES: The Art of Theft: How Corporate Fiduciaries Steal From American��s Pensions (February 2, 2005 )

And consider the matter the U.S. Magistrate Judge did, finding that Hoffman and Seven Arts Pictures had disobeyed the charging order by failing to cough up the funds or the required financial statements and tax documents.

FORBES: Simply Ignoring Court Orders Is Not The Best Strategy

The idea was to provide greater assurance to investors that their accounts contain the funds that their investment adviser and account statements say they contain.

FORBES: All Talk: The SEC's Broken Broker-Dealer, Investment Advisor Examination Program

The CDA has most frequently been used as a defense against claims of defamation, but the broad immunity provided by the mighty CDA has also barred claims of false information, negligence, gross negligence, misrepresentation, invasion of privacy, misappropriation, fraud, breach of contract, unfair competition, emotional distress, nuisance, tortious interference with business relations, tortious interference with business expectancy, violation of civil rights, money laundering, threats, discriminatory statements, waste of public funds, nuisance, premises liability and denial of substantive due process.

FORBES: What Is The CDA And How Can It Help You And Your Company Avoid Liability?

After Sollberger obtained the aggregate funds from Optech, he received quarterly account statements from Optech for the third and fourth quarter of 2004, and for the first quarter of 2005.

FORBES: Sometimes You Should Just Pay The Tax

The SEC should force funds to reveal the investment cost to each shareholder in their quarterly statements, it was advised by the Government Accountability Office in 2000.

FORBES: Magazine Article

To illustrate, in its statement after its December meeting, the Committee expressed the view that economic conditions are likely to warrant an unusually low federal funds rate for some time. 2 To the extent that such statements cause the public to lengthen the horizon over which they expect short-term rates to be held at very low levels, they will exert downward pressure on longer-term rates, stimulating aggregate demand.

FORBES: The Crisis and the Policy Response

The staff of the SEC had already required mutual funds to disclose in footnotes to the fee table, financial highlights table and financial statements, their participation in such arrangements.

FORBES: New SEC Action: More Brokerage Disclosure to Confuse Mutual Fund Investors (April 1, 1996)