I posted the above picture on my FB page yesterday morning and that picture garnered many "Likes". Frankly it's about time prospectus be written in plain English! There is another interesting article on writing in plain English here.
MAS said in its consultation paper that "You should always draft prospectus with the retail audience in mind as they are the audience with the greatest need for information". The link to the MAS consultation paper is here.
Given that I have diligently read hundreds of prospectus since July 2007, I think my views should be heard too since I am the retail user they are targeting ^_^
If you think about it, what I am essentially doing at my blog is to read through the prospectus, sift through the pages to look for material information and then summarize them in an easy to understand format. Of course, more importantly, I tell ...
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