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Better Markets Files Comment Letter on SEC Fund Disclosure Proposal

On Jan. 4, 2021, Better Markets filed a comment letter on a proposal from the SEC which would significantly change the disclosures that mutual funds and exchange-traded funds are required to send to their investors. In general, the proposal would require funds to create more visually interesting and concise investor disclosures. We support this effort to improve transparency and empower investors—with some reservations.