SEC on Plain English Disclosure
Published on:
April 24, 1997
The Capital Markets Committee of the Securities Industry Association (SIA)* provides comments to the Securities and Exchange Commission (SEC) on plain English disclosure, File No. S7-3-97 Release No. 33-7380. SIA strongly supports the underlying goals of the SEC’s plain English initiative, but cannot support a number of the specific proposals set for in the Release for implementing the initiative.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.