Archive:July 16, 2026

1
United States: Paper Cut: The SEC “FINALLY” Rethinks E-Delivery
2
China: China’s A-Share Market Expands Closing-Price Trading: Implications for Funds and Institutional Investors

United States: Paper Cut: The SEC “FINALLY” Rethinks E-Delivery

By: Thoreau A. Bartmann and Jennifer L. Klass

On 16 July 2026, the SEC proposed Regulation E-Delivery, a new rule that would make e-delivery the default for how investors receive regulatory information under the federal securities laws. Today, most required information arrives on paper unless the recipient affirmatively consents to electronic delivery. Reg E-Delivery would supersede decades of interpretive guidance built around notice, access, and evidence of delivery, reaching nearly all registrants with a delivery obligation—including advisers, registered funds, broker-dealers, and issuers—and covering nearly all required communications.

Importantly, the rule is optional. It functions as a safe harbor: firms satisfying its conditions are deemed to have fulfilled their delivery obligations, but the rule is not the exclusive means of offering e-delivery.

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China: China’s A-Share Market Expands Closing-Price Trading: Implications for Funds and Institutional Investors

By: Chloe Duan and Amigo Lan Xie

Effective 6 July 2026, China’s stock exchanges implemented three significant trading rule changes aimed at improving market quality, enhancing price discovery, and facilitating long-term institutional participation. This is a further step in the continued evolution of China’s capital market microstructure and introduces features that are broadly consistent with practices in more mature international markets.

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