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SEC: Firms Need More "Plain English" in Form CRS

An SEC committee urged firms to write their Form CRS without using jargon and to use more plain English, and not to omit required information.

Improved Form CRS possible under new SEC, say experts

Fiduciary backers seek 'highest legal standard' in Form CRS disclosures

New study says more abstract, jargony articles get cited less

“Academics are just like anyone else,” Farmer continued. “The more effort we make them go through to understand what we’re saying, the more likely they are to give up in frustration and look for a paper that is clearer.” Co-author Nooshin Warren, an assistant professor of marketing at the University of Arizona, said, “You know, in talking to people about this, they would either say, ‘Yes, know we need to write clearly, and we do write clearly,’ or the other way around: ‘No, if I’m writing for academics, I need to sound smart.’ So empirically being able to prove, with evidence, that this problem exists will bring attention to it.”