In Tuesday's
Wall Street Journal,
Jaime Levy Pessin obtained reactions from investment advisers to a resurrected effort by the SEC to make disclosure forms more reader-friendly. Though the new forms would mean new burdens on advisers, Pessin's interview subjects had, in general, an enthusiastic attitude toward the SEC's move. In a meeting last week, the SEC voted to subject to public comment a revised version of a rule mandating money managers to provide online brochures containing their services, fees, investment performance and potential conflicts of interest. 
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