While the government is on the case of the banks in an effort to make financial products more simple for consumers, it's easy to forget that the government is right up there with the banks when it comes to impenetrable small print disclosures for financial products. A case in point: today's mail brought a "program brochure and tuition savings agreement" from the 529 College Savings Program administered by the state of New York. Thirty-four large pages of very small print.
Small Print from the Government
https://www.futureofcapitalism.com/2010/04/small-print-from-the-government
by Ira Stoll | Related Topics: Banking, Capital Markets Regulation, New York receive the latest by email: subscribe to the free futureofcapitalism.com mailing list