It's a very complex lengthy document. There is also, in the SEC area, there is a class of security that is referred to as penny stocks. On the futures side, anyone opening a futures account, that is, anyone who is going to trade futures or options on futures, that is, anyone that is going to invest in the commodities market must be given a governmentally written, governmentally prescribed risk disclosure statement. Most interesting of those disclosures is the penny stock disclosure. Let me just read part of what the government tells a broker he must give to his customer before he can sell the penny stocks.
Penny stocks can be very risky.
You may lose your investment. Be cautious of newly issued penny stocks. Your sales person is not an impartial advisor. Do not rely on the sales person, but seek outside advice before you buy any stock. Apart from disclosure, the SEC and the CFTC has said for certain people we don't think they need that kind of protection.