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SEC Chair pushes forward new e-delivery rules: In the AI and blockchain era, paper delivery should become a relic of the past

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Mars Finance News: On July 17, the U.S. Securities and Exchange Commission (SEC) formally proposed a new rule, Regulation E-Delivery, which significantly expands the permissions for issuers, broker-dealers, and investment advisers, among other entities, to deliver information electronically. This is intended to meet the information disclosure and delivery requirements under federal securities laws, and to drive electronic delivery to become a more mainstream and flexible option, replacing traditional paper-based delivery. SEC Chair Paul Atkins said that this is another step toward building a regulatory framework suitable for the modern era, and one of the key pillars of his agenda since taking office. “In the age of AI and blockchain technology, default paper delivery should become a historical relic, not a standard.” Earlier, Atkins had launched “Project Crypto” to promote the modernization of on-chain markets. This electronic delivery rule proposal is consistent with its broader regulatory modernization agenda. The proposal will next enter a public comment phase.
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