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Sep 06, 2016

Are issuers heeding SEC guidelines on clear writing?

Plain English rules!

If you glanced through the recent 341-page Regulation SK ‘concept release’ issued by the SEC, you probably missed it. But it’s there, under the heading ‘Plain English’ at the bottom of page 18 and the top of page 19: ‘In 1998, the commission adopted rules intended to improve the readability of prospectuses by promoting clear, concise and understandable disclosure (‘Plain English Rules’). These rules required registrants to write the cover page, summary

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