SEC proposes new rules for electronic delivery of financial documents
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Table of Contents
The Securities and Exchange Commission (SEC) is proposing a new rule called Regulation E-Delivery. This would allow certain companies to send required financial information to people electronically without needing to ask for their permission first.
Why it matters: This is largely an administrative change intended to make it easier and cheaper for companies to move away from paper mailings by standardizing the rules for electronic delivery.
Who it affects
- Publicly traded companies
This is a proposed rule from the SEC; readers should consult the Federal Register for full details before relying on these changes.
Agency: Securities and Exchange Commission
Source: Federal Register — read the official document