TechFlow News, July 16, the U.S. Securities and Exchange Commission (SEC) officially proposed new Regulation E-Delivery rules for electronic delivery, planning to expand the application scope of electronic methods in securities information disclosure, allowing issuers, broker-dealers, investment advisors, and other institutions to provide regulatory-required information to investors via electronic channels by default.
The scope of covered information mainly includes: prospectuses of funds and other issuers, fund annual and semi-annual shareholder reports, shareholder proxy statements (Proxy Statements), trade confirmation documents, Form CRS investor relationship disclosures, Form ADV Part 2 investment advisor brochures, etc. It is reported that the proposal will open a 60-day public comment period after being published in the Federal Register.
