SEC pressed to follow other federal agencies in going paperless
Lawmakers in the House have introduced bipartisan legislation that would require the SEC to deliver documents to investors in electronic format.
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Lawmakers in the House have introduced bipartisan legislation that would require the SEC to deliver documents to investors in electronic format.
Financial firms have long advocated for digital-first public policies. Now they are pushing Congress to mandate the U.S. Securities and Exchange Commission (SEC), the federal agency charged with protecting investors, to expand electronic delivery (e-delivery). PRINTING United Alliance opposes the legislation.
The House Committee on Financial Services passed the Improving Disclosure for Investors Bill of 2023 on April 26, 2023 with bipartisan support. If passed by Congress and signed into...
A bill advanced out of committee that directs the SEC to propose rules allowing companies to e-deliver documents to investors by default.
Legislation that would make e-delivery the default method for sending documents to investors is opposed by a top Democrat.