This policy setting determines whether Outlook renders all e-mail messages in plain text format for reading.Outlook can display ...

This policy setting determines whether Outlook renders all e-mail messages in plain text format for reading.Outlook can display e-mail messages and other items in three formats: plain text, Rich Text Format (RTF), and HTML. 

If you enable this policy setting, the "Read all standard mail in plain text" check box option is selected in the "E-mail Security" section of the Trust Center and users cannot change it. This option only changes the way e-mail messages are displayed; the original message is not converted to plain text format. 

If you disable or do not configure this policy setting, Outlook displays e-mail messages in whatever format they were received in.