SEC Proposes New E-Delivery Approach to Make Information More Readily Accessible and Useful for Investors

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The U.S. Securities and Exchange Commission announced on July 16, 2026 that it proposed Regulation E-Delivery, a rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws, while preserving the ability to receive delivery in paper format on request. The SEC stated the proposal would supersede its decades-old, guidance-based e-delivery approach and provide savings to issuers, market intermediaries, and investors in paper, printing, and postage costs. The document states the range of information deliverable electronically would be broad, including prospectuses, fund annual and semi-annual shareholder reports, proxy statements, trade confirmations, Form CRS disclosures, and Form ADV Part 2 Brochures, and includes a transition process involving two paper notices for current paper-format recipients with an ability to opt out. The SEC stated the public comment period will remain open for 60 days following publication of the proposing release in the Federal Register.

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