1. What is the scope of disclosure required by 13(d)? What is the remedy to be imposed if such disclosure is not made in a timely manner?

2. As a public policy matter, is there a risk to imposing the disclosure obligations required under 13(d)?'

3. Is there an implied private right of action for 13(d) violations? If so, who has standing to sue?

4. What is the remedy for a violation of 13(d) damages or injunctive relief?