Company risk disclosures on Securities and Exchange Commission filings are often vague, boilerplate and repetitive for investors, the Investor Responsibility Research Center charged Thursday.

The group also faulted the disclosures for a lack of clear, concise and insightful information and for not helping investors determine the relative importance of the risks.

The most common risks IRRC found were competition, global market factors and regulatory matters which the group labeled as too generic.

On the positive side, IRRC praised the presentations of cybersecurity risks.

The group called for more streamlined and company-specific information in the discussions about risks in the SEC documents.