SEC Proposes E-Delivery as Default
Action Required: Monitor for final rule adoption and prepare to update client communication preferences and digital delivery infrastructure.
The SEC has proposed a rule to make electronic delivery the default standard for client communications, moving away from traditional paper delivery. This shift represents a significant modernization of regulatory compliance, potentially streamlining client onboarding and communication workflows for financial advisors.
Read full article at wealthmanagement-comWant the full daily Briefing?
30 stories like this every day, with Action Required call-outs and direct lines to ask Aria — finsay's AI compliance assistant.
Try free for 14 daysRelated stories
- SEC Proposes New E-Delivery Approach to Make Information More Readily Accessible and Useful for Investors
The SEC has proposed 'Regulation E-Delivery,' a new rule designed to modernize how issuers and investment advisers deliver required informat…
- A New Caution for Advisors Using CRATs
The IRS has finalized regulations designating certain charitable remainder annuity trust (CRAT) schemes as 'listed transactions,' meaning th…
- SEC Forms New Retail Fraud Working Group
The SEC has established a new Retail Fraud Working Group to enhance enforcement efforts against fraud targeting retail investors. While not …