United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 1998_register executive 2010-09-24 article Part IV Rules and Regulations D09002ee1be00526a D09002ee1be0053a6 United States Securities and Exchange Commission originator org United States Government Agency or Subagency We are adopting the plain English rule with some changes based on the comments we received and the lessons we learned from the plain English pilot participants. The rule requires issuers to write the cover page, summary, and risk factors section of prospectuses in plain English. We are changing the existing requirements for these sections to the extent they conflict with the plain English rule. We are also giving issuers more specific guidance on how to make the entire prospectus clear, concise, and understandable. We believe that using plain English in prospectuses will lead to a better informed securities market--a market in which investors can more easily understand the disclosure required by the federal securities laws. 63 FR 6370 https://www.govinfo.gov/app/details/FR-1998-02-06/98-2889 98-2889 fr06fe98-21 RIN 3235-AG88 8010-01-P Release Nos. 33-7497 34-39593 IC-23011 International Series No. 1113 File No. S7-3-97 https://www.govinfo.gov/app/details/FR-1998-02-06/98-2889 https://www.govinfo.gov/content/pkg/FR-1998-02-06/html/98-2889.htm https://www.govinfo.gov/content/pkg/FR-1998-02-06/pdf/98-2889.pdf 21 p. 6370 6390 63 FR 6370 Title 17 Part 17 CFR Part Title 17 Part 228 17 CFR Part 228 Title 17 Part 229 17 CFR Part 229 Title 17 Part 230 17 CFR Part 230 Title 17 Part 239 17 CFR Part 239 Title 17 Part 274 17 CFR Part 274 RIN 3235-AG88 Plain English Disclosure; Federal Register Vol. 63, Issue RULE 98-2889 IV SECURITIES AND EXCHANGE COMMISSION 1998-10-01 Release Nos. 33-7497 34-39593 IC-23011 International Series No. 1113 File No. S7-3-97 8010-01-P 98-2889 Final rules.

We are adopting the plain English rule with some changes based on the comments we received and the lessons we learned from the plain English pilot participants. The rule requires issuers to write the cover page, summary, and risk factors section of prospectuses in plain English. We are changing the existing requirements for these sections to the extent they conflict with the plain English rule. We are also giving issuers more specific guidance on how to make the entire prospectus clear, concise, and understandable. We believe that using plain English in prospectuses will lead to a better informed securities market--a market in which investors can more easily understand the disclosure required by the federal securities laws.

Effective Date. October 1, 1998. Ann D. Wallace or Carolyn A. Miller at (202) 942-2980 or David Maltz at (202) 942-1921 in the Division of Corporation Finance. If your questions involve mutual funds, call Kathleen K. Clarke at (202) 942-0724 or Markian Melnyk at (202) 942- 0592 in the Division of Investment Management. Direct your questions on the staff's plain English handbook to Nancy M. Smith at (202) 942-7040. Vol. 63, no. 25 Office of the Federal Register, National Archives and Records Administration 1998-02-06 continuing daily deposited born digital 434 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-1998-02-06 P0b002ee180a51cac 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr06fe98 https://www.govinfo.gov/app/details/FR-1998-02-06 https://www.govinfo.gov/content/pkg/FR-1998-02-06/pdf/FR-1998-02-06.pdf fdlp 6045 6468 DGPO 2010-09-24 2023-05-06 FR-1998-02-06 machine generated eng FR FR-1998-02-06 63 25