Wall Street Journal
, Jaime Levy Pessin
obtained reactions from investment advisers to a resurrected effort by the SEC to make disclosure forms more reader-friendly. Though the new forms would mean new burdens on advisers, Pessin's interview subjects had, in general, an enthusiastic attitude toward the SEC's move. In a meeting last week, the SEC voted to subject to public comment a revised version of a rule mandating money managers to provide online brochures containing their services, fees, investment performance and potential conflicts of interest.
Stay ahead of the news ... Sign up for our email alerts now