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SEC Chair advocates for new electronic delivery rules: In the era of AI and blockchain, paper-based delivery should become a relic of the past.

1 hours ago

U.S. Securities and Exchange Commission (SEC) has formally proposed the new "Regulation E-Delivery", significantly expanding the authority of entities including issuers, broker-dealers, and investment advisers to deliver information electronically. The rule aims to meet disclosure and delivery requirements under federal securities laws, and promote electronic delivery as a more mainstream, flexible option to replace traditional paper-based delivery. SEC Chair Paul Atkins noted that this is another step toward building a modern-era regulatory framework and a key pillar of his agenda since taking office. "In the age of artificial intelligence and blockchain technology, default paper delivery should be a historical relic, not the standard." Earlier, Atkins launched "Project Crypto" to modernize on-chain markets, and the electronic delivery rule aligns with his broader regulatory modernization agenda. The proposal will subsequently enter a public comment period.

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