The securities administrator’s power of disclosure ensures that investors receive complete, accurate, and timely information to make informed decisions. The feedback from the document states:
"The securities administrators ensure that all documents and other required information are prepared in accordance with requirements and provided to appropriate parties in a timely manner. The securities administrators also review all prospectuses for full, true and plain disclosure. Complete, accurate and timely disclosure allows clients to make fully informed investment decisions."
[Reference: Chapter 17 – Mutual Fund Dealer RegulationLearning Domain: Ethics, Compliance and Mutual Fund Regulations, , , ]
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