SEC Releases Proposed Rule Related to Electronic Delivery of Regulatory Information

The SEC has released a proposed rule that “would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws.” Also known as “Regulation E-Delivery,” the proposal would change the Commission’s default approach for delivering information to investors and other constituents from a paper format to an electronic format. Recipients would still be able to request receipt of the information in a paper format instead.

For more information, see the press release and fact sheet — as well as the statement by SEC Chairman Paul Atkins — on the SEC’s Web site.