The Securities and Exchange Commission requires sending complicated literature that small investors cannot understand.
It is unwarranted and wasteful.
I am referring to costly prospectuses, financial notices and material which ought to be filed, but which should be made available only for those who really are interested in reading them.
All the general public requires are outlines of important information, forwarded in a manner the average investor can easily understand. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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