SEC Seeks Public Input On Investor Literacy

Law360, New York (January 23, 2012, 4:48 PM EST) -- The U.S. Securities and Exchange Commission sought public comment Monday on the issue of financial literacy among investors, particularly regarding disclosures from investment companies and information investors need in order to be educated in their securities purchases.

The SEC is working on rules under the financial reform litigation aimed at improving the timing, content and format of disclosures with respect to financial intermediaries offering investment products and services.

The agency is seeking the comments in connection with a study on financial literacy among investors, mandated by...
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