Lets investors get financial documents electronically by default, while keeping the option for paper copies.
This bill would let financial companies send important documents like account statements and prospectuses to investors electronically, rather than by mail. Investors would still get a paper notice first and could choose to receive all documents in paper form at any time. This aims to update how financial information is shared.
Today, financial companies often must send many required documents to investors in paper form or under strict electronic rules. After this bill, the Securities and Exchange Commission would create rules allowing these companies to send most documents electronically by default. Investors could still opt for paper copies at any time. This shift aims to modernize how financial information is delivered.
S 1877 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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33 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.