The purpose of making prospectus
data available is to provide information about trends within the prospectus
regime in terms of general approval and passporting activity as well as the structure of approved prospectuses
and the types of securities they cover.
On the heels of the SEC's new summary prospectus
rule, which became effective March 31, NewRiver has launched the Summary Prospectus
Index, a weekly tracking of summary prospectuses
filed on the SEC's EDGAR system.
Under the rule adopted by the Securities and Exchange Commission, instead of the usual lengthy prospectus
, investors could get a shorter summary outlining a mutual fund's risks, performance and investment style.
What's likely to be your next step--do you (a) carefully read through the finely printed prospectus
to see just what you're getting into or (b) throw paperwork to the wind, sign your name on the dotted line and hope for the best?
A copy of the final prospectus
relating to this offering may be obtained from Morgan Stanley & Co.
The Securities and Exchange Commission is preparing to extensively revise the mutual fund prospectus
, the basic sales document used to detail the risks and investment style of funds, the commission's chairman said Tuesday.
Medical Properties Trust intends to file a prospectus
supplement with the SEC for the common stock offering to which this communication relates.
Please see the prospectus
for a more complete description of these risks.