“Read This Extremely Important, Totally Incomprehensible, Completely Convoluted Information About Your Broker!” The Wall Street Journal, July 28, 2018 B1. Confusion over required SEC disclosures.
A four-page summary. But will people read it? Will most people read more than 4 bullet points? Unless, of course, there’s a prize.
What value is disclosure if it is in language that the average person won’t read or won’t understand if he/she does?
Governance or Information? And a pinch of Compliance?