Hacker News new | ask | show | jobs
by elliekelly 2501 days ago
> Why make it plain boring text when you can spin this document into a reason to invest?

That's exactly what the document was designed not to do. It's meant to convey facts, not "spin." Why do we use plain boring text on a prescription label? So the important disclosure information is readily available to consumers in a consistent and uniform format. The same logic applies to SEC filings.