Financial Printing--Riding Out The Stocks

During 1998, he recounts, the Securities & Exchange Commission introduced a series of initiatives and proposals that, when taken together, represent the most significant changes since the Securities Acts of 1933 and 1934.

One such initiative was the SEC mandate for using plain English in prospectuses. During 1998, Donnelley sponsored seminars in more than two dozen cities in the United States and in London to advise clients how to make the transition to plain English.