Bill > HR9570

This bill directs the Securities and Exchange Commission (SEC) to promulgate rules that allow covered entities, such as investment companies, brokers, and investment advisers, to satisfy their obligation to deliver regulatory documents required under securities laws to investors using electronic delivery. The key provisions of the bill include requiring an initial communication and transition period for investors who do not receive all documents electronically, setting content and timing requirements for electronic delivery notices, providing a mechanism for investors to opt out of electronic delivery, and requiring measures to identify and remediate failed electronic deliveries. The bill also requires the SEC to review its rules and regulations to eliminate any "in writing" requirements and directs self-regulatory organizations to adopt consistent rules.