The implication of this reading passage is that

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Read the following passage, then answer questions based solely on information from the passage.     The 'Plain English Doctrine' has existed since 1933, when the Securities and Exchange Commission required a prospectus to be written in a style readable and understandable by laypersons interested in making investments. The short title was the '33 Act, but the act instantly took on the common name of the Truth in Securities Bill. The Plain English Doctrine gained attention in 1977 when President Jimmy Carter required that all government regulations be written in plain English. In recent years,... Show more

The implication of this reading passage is that