Rajib Chanda Quoted in Ignites on SEC’s Recent E-Delivery Rule
06.07.18
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Corporate Partner Rajib Chanda was quoted in Ignites, a Financial Times news service, on the SEC’s recently released e-delivery rule. Rule 30e-3 will allow funds to replace delivery of paper shareholder reports with electronic versions beginning January 1, 2021. Along with approving the rule, the SEC posted questions on how to revamp fund disclosures and solicited input on intermediary processing fees. “This seems like a huge step in modernizing communications, but [the rule’s reliance on email] is still way behind where people are,” said Rajib, noting that many people communicate electronically through means other than email.