Center for Marketing & Public Policy Research and The Vanguard Group® Sponsor “Fostering Financial Learning: The Impact of Financial Disclosure and Education on Investors”

VILLANOVA, PA, 22 January 2007—On Friday, January 19, the Center for Marketing and Public Policy Research at the Villanova School of Business (VSB) and The Vanguard Group®—the nation’s second-largest mutual fund firm and a leading provider of company-sponsored retirement plan services—sponsored “Fostering Financial Learning: The Impact of Financial Disclosure and Education on Investors.” Hosted by The Vanguard Group®, this collaborative effort offered an interdisciplinary review of financial disclosure and education initiatives.

“The purpose of this forum was to offer best practices in financial literacy and disclosure,” states Professor John Kozup, Director of VSB’s Center for Marketing and Public Policy Research.

Panel discussions and presentations were offered throughout the day as experts from the academic, legal, regulatory, and business communities addressed critical questions in making wise investment decisions.

“Presenters rendered research and advice in the areas of improved disclosure, fostering of investor decision-making, and advances in national financial literacy,” says Kozup. “Participants took advantage of cutting-edge, multidisciplinary research and departed with recommendations on improving disclosure to investors and improving financial education programs.”

Key constituencies from the financial disclosure arena were represented, including Lori Schock, Acting Director for the US Securities and Exchange Commission, representatives from the Federal Reserve Board, Federal Trade Commission, NASD, leading business scholars, financial corporations, and trade groups.

Nationally recognized for its work in the field, the Center for Marketing and Public Policy Research at the Villanova School of Business is a respected outlet dedicated to research-based policy solutions for the problems that impact marketing practitioners, consumers and the broader society. VSB’s Center for Marketing and Public Policy Research is now home to the Journal of Public Policy & Marketing, a preeminent journal in the field.

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