Plain language legislation in the USA requires financial advisers to write clearly
Plain language legislation in the United States is starting to have an effect. Financial advisers are getting nervous about their 31 March deadline, when they must give their clients investment philosophies, fee schedules, and ‘conflict of interest’ documents that are written in plain English.
Hopefully, some of the new documents will be good enough for a ClearMark award (the US equivalent of the WriteMark Plain English Awards in New Zealand). Our own Lynda Harris will be one of the international judges for ClearMark this year.