Perhaps then the SEC should include links to resources as opposed to brokers. I would prefer to see the role of brokers as merely the middleman to match up buyers & sellers.
When someone wants to buy a stock, they don't go to the SEC website; they go to a broker. When someone opens an account with a broker, they should be directed at that point to resources that explain finanial statements & how the markets work. The SEC could set up the resources but it would be up to the broker to direct them to that resource. The SEC is the governing authority for the markets & I believe that all instructional & informational guides should come from them.
I find it hard to understand how anyone can properly investing in any stock when in light of these past events involving Enron and others, we have been compelled to place a significant degree of emphasis on financial statements, and have witnessed the imperative role it plays in the share price.
If you can't read them, how do you make sound investment decisions???
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