Time for Advisers to Speak to Us in Plain English

Image Credit: Alex Nabaum

If you think your job is tough, try simplifying financial disclosures.

A new Securities and Exchange Commission rule requires brokers and financial advisers to describe their services, fees and conflicts of interest in “plain English” and a maximum of four pages.

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This article was originally published on The Wall Street Journal.


Further reading

Benjamin Graham, The Intelligent Investor