SEC Proposes Regulation E-Delivery to Expand Electronic Communications on July 17

According to the SEC, the U.S. Securities and Exchange Commission formally proposed Regulation E-Delivery on July 17, significantly expanding the authority of issuers, broker-dealers, and investment advisers to deliver information electronically to satisfy federal securities law disclosure and delivery requirements.

SEC Chair Paul Atkins stated that the rule represents "another step toward building a regulatory framework suited to the modern age," adding that "in the era of artificial intelligence and blockchain technology, paper delivery by default should be a relic of the past, not the standard." The proposal will move into a public comment period.