Posts Tagged ‘mutual funds’

More plain English from the SEC

December 1, 2008

The Securities and Exchanage Commission unanimously ruled that a “plain English” executive summary must be made available on the cover of a mutual fund prospectus.  Now I don’t mean to be a curmudgeon but really, shouldn’t this be the case with all such filings?  Isn’t “plain-English” what we Americans speak?

Okay, I’ll get on board and applaud them and encourage them not to stop here but to make sure ALL filings have an executive summary in “plain English.”

New release