The SEC has proposed a rule regarding Regulation E‑Delivery that would update how companies send required information to investors. The proposed rule acknowledges that the current systems rely heavily on paper, though most users receive and transmit information digitally. The SEC seeks to shift toward a simple, modern rule that makes electronic delivery the default, while still allowing requests for paper.
Should the rule proposal be adopted, it would:
- permit electronic delivery without prior consent while preserving the option to request paper
- develop a consistent, rule‑based structure, instead of relying on decades‑old guidance
- reduce costs for companies and investors, e.g., paper, printing, and postage
- make disclosures more accessible and useful for investors
- revise outdated paper‑based delivery and reflect current digital communication practices
For more information on the Electronic Delivery of Information Under the Federal Securities Laws rule proposal, please visit the SEC’s site.
Interested parties may submit comments on the rule proposal through September 21, 2026.
Sources:
SEC Proposes New E-Delivery Approach to Make Information More Readily Accessible and Useful for Investors (sec.gov)
Proposed Rule (sec.gov)
