Plain English Disclosure
Published on:
March 24, 1997
PSA The Bond Market Trade Association (TBMA)* provides comments to the Securities and Exchange Commission (SEC) on proposals for plain English disclosure, Release Nos. 33-7380; 34-38164; IC-22464; File No. S7-3 97. TBMA fully supports the goals of the plain English initiative, and believes full and adequate disclosure of the material elements of securities offerings is the cornerstone of the Federal securities laws, and plain English standards in conjunction with such disclosure will generally enhance efficiencies in the marketplace and promote meaningful investor protection goals.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.