ASA Applauds SEC Proposal to Make E-Delivery the Default for Investor Communications

WASHINGTON – The American Securities Association (ASA) today applauded the Securities and Exchange Commission's proposal to establish Regulation E-Delivery, which would make electronic delivery the default method to communicate with investors, while preserving investors' ability to receive paper delivery on request.

"Today's E-Delivery proposal is a win for investors, retirement savers, and working families, and ASA applauds Chairman Atkins for following through on his commitment to modernize the SEC's regulatory framework," said ASA President and CEO Chris Iacovella. "Modernizing e-delivery will reduce the risk of fraud, and bring the SEC's rules into the modern era, and we urge the Commission to finalize it without delay."

ASA has been at the forefront of E-Delivery advocacy. In January 2026, ASA sent a letter to Chairman Atkins urging the Commission to use its existing authority to amend its outdated regulations and allow for e-delivery of shareholder communications. ASA's letter followed the House of Representatives' passage of H.R. 3383, the INVEST Act, which included the bipartisan Improving Disclosure for Investors Act authored by Reps. Bill Huizenga and Brad Sherman, legislation that permits customers of investment funds and broker-dealers to receive account information electronically and to opt out of e-delivery at any time.

###

The American Securities Association (ASA) represents the retail and institutional capital markets interests of regional financial services firms who provide Main Street businesses with access to capital and advise hardworking Americans how to create and preserve wealth. ASA’s mission is to promote trust and confidence among investors, facilitate capital formation, and support efficient and competitively balanced capital markets. This mission advances financial independence, stimulates job creation, and increases prosperity. The ASA has a geographically diverse membership of almost one hundred members that spans the Heartland, Southwest, Southeast, Atlantic, and Pacific Northwest regions of the United States.