Simpson Thacher Attorneys Author Article on SEC’s Proposal to Make Electronic Disclosure Delivery the New Standard
Partners David Blass, Anne Choe, Neesa Patel Sood, John Ericson and Lesley Peng, Counsel Seth Davis and Associate Margaret Foster authored an article titled, “SEC Proposes to Greatly Enhance E-Delivery of Required Disclosures,” which was published by Wolters Kluwer Insights: The Corporate & Securities Law Advisor. The article outlines the SEC’s recent proposal to make electronic delivery the default method for distributing required disclosures under the federal securities laws, as well as its key provisions, including new requirements relating to investor opt-out rights, website accessibility and remediation of failed electronic deliveries. It also examines the proposal’s potential operational and cost implications for investment advisers, investment companies, broker-dealers, corporate issuers and other regulated entities.
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