Electronic Disclosure – SEC Regulations and the Form CRS Business Case
The recent pressures of the COVID-19 pandemic, combined with growing investor demand for digital communication, have caused financial industry participants to advocate that the SEC shift the default delivery framework for investor communications from paper delivery to electronic delivery.
Although the SEC has yet to make that shift, the agency nevertheless permits broker-dealers and investment advisers to send investor communications electronically. Before deciding to go digital, firms must understand the SEC’s specific requirements for communicating electronically with clients. In this webinar, Thompson Hine LLP and InvestorCOM will discuss:
- The principal factors used by the SEC to determine whether a particular method of electronic delivery is sufficient,
- How advisers and brokers may use electronic means to meet their regulatory obligations to deliver information to clients, and
- The core benefits of adopting a digital delivery mechanism, focusing on the recently adopted Form CRS (Client Relationship Summary) as a case study.