Here is what a general stock market disclosure reads like –
Stock Market Disclosure (as it is said): I, the analyst, do not have any holding in the stocks discussed but these stocks may have been recommended to clients in the past. The stocks recommended are based on our analysis which is based on information obtained from public sources and sources believed to be reliable, but no independent verification has been made nor is its accuracy or completeness guaranteed. The views expressed in this research report accurately reflect the personal views of the analyst about the subject securities or issues, and no part of the compensation of the research analyst was, is, or will be directly or indirectly related to the specific recommendations and views expressed by research analyst in this report. It is important to do your own research and analysis before making any investment.
Well, without much malice, that’s what the regulator requires but that’s also a decent use of jargon to confuse the reader while at the same time cleaning yourself up of any misadventures that may happen with your advice in the future.
In that light, I believe, stock market disclosures should read like what is stated below, because that is what the reality is like in most cases.
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