Seeking to avoid the implementation of further continuing disclosure rules, the National Association of State Auditors, Comptrollers, and Treasurers has released new best practices urging state governments to voluntarily disclose nearly all financial and economic data at least quarterly.

The best practices, 10 in all, were developed by NASACT's continuing disclosures task force and approved by the group's executive committee at a meeting on Aug. 11. They are not standards or requirements, and NASACT's report makes clear that the recommendations should be considered by state governments with respect to each state's own circumstances.

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