82,952
edits
Key information document: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 14: | Line 14: | ||
The regulators replied, “well, if you can’t explain the big picture risks in a single page, the product can’t be suitable for the general public, can it?” | The regulators replied, “well, if you can’t explain the big picture risks in a single page, the product can’t be suitable for the general public, can it?” | ||
“Can we cross reference to a full prospectus so —” | {{quote|“Can we cross reference to a full prospectus so —” <br> | ||
“No.” <br> | |||
“No.” | “But —” <br> | ||
“''No''.”}} | |||
“But —” | |||
The legal community reluctantly demurred, but insisted on generating a hundred-page prospectus ''as well'', despite the transparently obvious fact that ''no-one, [[RESIDENTS OF NEW HAMPSHIRE|frequently not even the lawyers preparing it]]'', would ever read it. | The legal community reluctantly demurred, but insisted on generating a hundred-page prospectus ''as well'', despite the transparently obvious fact that ''no-one, [[RESIDENTS OF NEW HAMPSHIRE|frequently not even the lawyers preparing it]]'', would ever read it. | ||