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SEC committee provides guidance to firms on improving Form CRS disclosures

A committee says summaries provided by firms are full of jargon and readability issues. But fiduciary and plain-language experts say Form CRS itself needs an overhaul.

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.

Fiduciary advocates call on SEC to fix Form CRS

The SEC should fix Form CRS, a document intended to highlight differences between advisers and brokers that fails to do so, advocates said.

Improved Form CRS possible under new SEC, say experts

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