611.1217—Plain language requirements.
(a) Plain language presentation.
All communications to equity holders required under §§ 611.1210, 611.1223, 611.1240, and 611.1280 must be clear, concise, and understandable. You must:
(1)
Use short, explanatory sentences, bullet lists or charts where helpful, and descriptive headings and subheadings;
(b) Balanced statements.
Communications to equity holders that describe or enumerate anticipated benefits of the proposed termination should also describe or enumerate the potential disadvantages to the same degree of detail.