AF&PA Statement on SEC Regulation E-Delivery Proposal
Proposal would sideline paper communications millions rely on for critical financial information
American Forest & Paper Association (AF&PA) Interim Vice President of Industry Affairs Mark Pitts released the following statement in response to the Securities and Exchange Commission’s (SEC) proposed Regulation E-Delivery, a consequential rulemaking that would make electronic delivery the default method for many investor communications and significantly reduce the role of paper in delivering important financial information.
“For many investors—particularly seniors, rural communities and individuals with limited or unreliable digital access—paper is not a preference; it is an essential, trusted and secure way to receive and retain important information.
“This proposal also raises serious concerns for the U.S. printing and writing paper sector, which supports U.S. manufacturing jobs and provides essential products for consumers, businesses and institutions across the country.