SEC Issues a Financial Literacy Study Mandated by the Dodd-Frank Act

The SEC issued a staff study identifying investor perceptions and preferences regarding a variety of investment disclosures. Mandated by the Dodd-Frank Act, the study also addresses a wide range of areas related to investor literacy. The lead line of the report is that "American investors lack basic financial literacy." The report also discusses the types of information that investors are interested in receiving.

Cross-Reference(s): Dodd-Frank Act.

View study in full here (links externally to SEC website). Additional materials: Press Release; Library of Congress Report on Financial Literacy; Investor Research Report; Appendix to Investor Research Report.