Easier Electronic Delivery of Investment Documents
New rules will allow investment firms to send required documents, like prospectuses and reports, electronically. Citizens will still have the option to receive paper documents if they prefer. The aim is to simplify communication and reduce paper waste.
Key points
Investment firms can default to electronic delivery, potentially speeding up access to information.
Investors not receiving electronic documents will get an initial paper notice and can opt out of electronic delivery at any time.
Mechanisms for identifying and fixing failed electronic deliveries, and minimum readability and retainability standards for digital documents, will be ensured.
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