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ARTICLE · 20 JULY 2026

SEC Proposes New E-Delivery Framework For Investor Communications

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The Securities and Exchange Commission has proposed Regulation E-Delivery, a transformative rule that would establish electronic delivery as the default method for transmitting required disclosures under federal securities laws. This shift would eliminate the current requirement for recipients to affirmatively consent before receiving documents electronically, fundamentally changing how issuers, broker-dealers, investment advisers, and registered funds communicate with investors and clients. The proposal in

United StatesFinance and Banking
Vlad Bulkin
Vlad Bulkin
Nathan Schuur
Nathan Schuur
Samuel Bresnick
Samuel Bresnick
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On July 16, 2026, the Securities and Exchange Commission (“SEC”) proposed Regulation E-Delivery (the “Proposal”), a new rule that would permit issuers, broker-dealers, investment advisers, registered funds, business development companies (“BDCs”) and other market participants to satisfy certain delivery obligations under the federal securities laws through electronic delivery, without first obtaining the recipient’s affirmative consent. The Proposal would mark a significant shift from the SEC’s current guidance-based e-delivery framework, under which required regulatory information generally must be delivered in paper unless the recipient affirmatively elects electronic delivery. The Proposal also includes a rescission of Rule 30e-3 under the Investment Company Act of 1940, which currently allows alternative means for registered investment companies to satisfy shareholder report transmission requirements, and amendments to the rules governing delivery of proxy materials and tender

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