Improving Disclosure for Investors Act of 2025
Improving Disclosure for Investors Act of 2025
Plain Language Summary
# Improving Disclosure for Investors Act of 2025 - Summary **What the bill would do:** This bill would require the Securities and Exchange Commission (SEC) to create rules allowing companies to send required financial disclosures and other regulatory documents to investors electronically instead of by mail. The bill includes a safeguard: investors could choose to opt out and still receive paper copies if they prefer. If the SEC doesn't finalize these rules within one year, electronic delivery would be allowed automatically. **Who it affects:** The bill impacts individual investors, investment companies, and corporations.
It also affects the SEC, which would need to develop and implement the new electronic delivery system. **Current status:** The bill (HR 2441) was introduced in the 119th Congress by Republican Representative Bill Huizenga of Michigan. It is currently in committee and has not yet been voted on by the full House of Representatives.
CRS Official Summary
Improving Disclosure for Investors Act of 2025 This bill requires the Securities and Exchange Commission (SEC) to propose and finalize rules to allow entities to deliver regulatory documents to investors electronically. The SEC must establish a mechanism for investors to opt out of electronic delivery and receive paper documents instead. If the SEC does not finalize rules within one year after enactment, the bill allows for electronic delivery of these documents.
Latest Action
Placed on the Union Calendar, Calendar No. 105.