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ICI Comment Letter to SEC on Fund Retail Investor Experience and Disclosure (PDF)
Investment Company Institute [ICI] Link to more items from this source
Oct. 26, 2018
76 pages. "In furtherance of the Commission's efforts to enhance the investor experience, we recommend that the Commission consider proposing a rule creating a new, optional summary shareholder report with key information in a prescribed order. Results from our investor testing of a prototype for a summary shareholder report indicate investors would be more likely to read the summary than the full-length shareholder report and [would] find a summary helpful to compare different funds."

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