In an era where we pay bills, order food, and manage nearly every aspect of our lives online, it’s time to ask: Why are investors still receiving stacks of paper in the mail for disclosures from mutual funds and other financial accounts?
Like most Americans, I check my email far more often than my mailbox. Yet outdated regulations require asset managers to send paper copies of regulatory documents unless investors explicitly opt in to electronic delivery. This policy is inefficient, environmentally wasteful, and out of step with how people access information today.
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