Daily Regulatory Briefing - Jul 21, 2026
Morgan here.This is Lex Reg Pulse Daily for Tuesday, July 21, 2026.The SEC proposed the first structural rewrite of client-delivery rules since the 1990s.Regulation E-Delivery flips the default: electronic delivery becomes the baseline for proxy materials, shareholder reports, and tender-offer documents.Paper becomes the opt-out.Broker-dealers, advisers, and fund companies get the print and postage savings.But they inherit the harder job — proving a client could actually access what was sent, keeping audit trails, and honoring opt-outs.A client who claims non-receipt of a critical disclosure…
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