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In this issue: Follow up on the Reform on the Segmented Share Structure of the PRC; Employee Share Plans for Listed Companies; New Venture Capital Measures Reflect Policy to Cultivate Onshore Venture Capital Industry; Notarization Law of the People's Republic of China; Other Recent Developments.

Under SEC-Chairman Paul Atkins, the Securities and Exchange Commission has proposed a new set of rules that would permit electronic delivery as the default method of delivery for all required disclosures under the federal securities laws. [1] If adopted, this would mark a foundational and very welcome shift in how registered investment advisers, investment companies, business development companies, broker-dealers, transfer agents, and other regulated entities may deliver required disclosures to investors, clients, and other market participants.