Code of Federal Regulations Title 17. Commodity and Securities Exchanges § 17.229.503 (Item 503) Prospectus summary

(a) Prospectus summary. Provide a summary of the information in the prospectus where the length or complexity of the prospectus makes a summary useful. The summary should be brief. The summary should not contain, and is not required to contain, all of the detailed information in the prospectus. If you provide summary business or financial information, even if you do not caption it as a summary, you still must provide that information in plain English.

Instruction to paragraph 503(a):  The summary should not merely repeat the text of the prospectus but should provide a brief overview of the key aspects of the offering. Carefully consider and identify those aspects of the offering that are the most significant and determine how best to highlight those points in clear, plain language.

(b) Address and telephone number. Include, either on the cover page or in the summary section of the prospectus, the complete mailing address and telephone number of your principal executive offices.

(c) [Reserved by 84 FR 12718]

(d), (e) [Reserved by 83 FR 50211]

Instruction to Item 503:  For asset-backed securities, see also Item 1103 of Regulation AB (§ 229.1103).