So this is interesting. I work for a small investment firm. I've been put in charge of rewriting our disclosure document, which is supposed to give background information on the firm and enumerate potential conflicts of interest. As of 2011 the Securities and Exchange Commission now requires that these documents be written in what they term as "plain English." They have an ~80 page document with a forward by Warren Buffett which explains what this means in terms of the language and formatting. http://www.sec.gov/pdf/handbook.pdfHere is a "before" example:That's an investment prospectus in the typical-looking waiver type of crap that takes a long time to sort through and figure out. Here's that same document rewritten according to one interpretation of the new guidelines:In this example the text is formatted a little too much like a Powerpoint slide for my aesthetic sense, but from the consumer's perspective is still a big improvement.[Edited on January 4, 2011 at 8:33 PM. Reason : fixed image tags]
1/4/2011 8:32:08 PM
i think the "word" you're looking "for" is "foreword"
1/4/2011 8:50:44 PM
plz 2 have them do this to bills in congress--way to much legalese...
1/4/2011 9:42:16 PM
I'm all for plain english documents, laws, etc. It's a pain in the ass to read laws and figure out what the hell they mean... which just another way for the government to fuck the people.
1/4/2011 9:45:16 PM
I say that you write out the disclosure on your boss's car windshield in feces and/or vomit.
1/4/2011 9:57:23 PM
now that's rather immature
1/4/2011 10:00:17 PM
Almost as immature as this:http://thewolfweb.com/message_topic.aspx?topic=414547
1/4/2011 10:02:59 PM
1/4/2011 10:44:41 PM
1/4/2011 11:03:29 PM
you haven't read legalese until you've read an indian government contract. between the lawyer speak and indian pseudo english, its been two years and i still haven't deciphered the whole thing. [Edited on January 4, 2011 at 11:11 PM. Reason : .]
1/4/2011 11:09:41 PM
your odds in any given lawsuit are probably just as good if no parties understand the contract as if every party understands it
1/4/2011 11:21:21 PM
I just received my latest health insurance benefits novel, 143 pages. It's not so much that the documents use legalese as they have to throw in every little unique situation to CYA and limit any sort of liability. This really is the fault of the lawyers and the bureaucracy. It's ever expanding to meet it's ever expanding needs.
1/5/2011 7:01:02 AM
blame the romans
1/5/2011 10:17:14 AM
1/5/2011 2:24:19 PM