Senator Katie Britt Joins Bipartisan Group Modernizing Investor Disclosure

U.S. Senator Katie Britt (R-AL) has joined a bipartisan group of Senators to introduce the Improving Disclosure for Investors Act of 2025. This bill will modernize how investors receive important financial documents by making electronic delivery the default method.

Currently, the Securities and Exchange Commission (SEC) requires investors to opt in for electronic delivery of documents. This legislation reverses that, allowing investors to receive disclosures electronically by default, while still giving them the option to request paper copies if they prefer.

Senator Britt emphasized the need for this change, stating, "As our capital markets have evolved and digitized, investor communications must adapt. This commonsense legislation would allow for more efficient and convenient access to financial information for investors who already overwhelmingly choose electronic delivery to receive these disclosure documents."

The bill has garnered support from several industry groups. The Securities Industry and Financial Markets Association (SIFMA) commended the legislation, noting that it reflects changing investor preferences and technology. Similarly, Eric J. Pan, CEO and President of the Investment Company Institute (ICI), called it "a big step forward in modernizing information delivery."

In addition to this initiative, Senator Britt has also co-sponsored the bipartisan Credit Union Board Modernization Act, which seeks to reduce outdated regulations requiring credit union boards to meet in person every month. She stated, "These institutions play a vital role in supporting Main Street communities across Alabama... and unnecessary red tape ultimately stifles their work."

For more information on the Improving Disclosure for Investors Act of 2025, you can visit Senator Britt's official press release or read the full text of the bill on Congress.gov.