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Consumer Groups Urge SEC to Drop Rule on Paperless Shareholder Reports

3f70eac4-c98f-4a3d-aa42-7f89f7635cb4    Consumers for Paper Options (CPO), a coalition of individuals and organizations advocating for access to paper-based services and information, and its consumer group allies have urged the Security and Exchange Commission (SEC) to rescind proposed Rule 30e-3, which would allow mutual funds to discontinue the mailing of shareholder reports and other important investment information. During an SEC meeting today, the agency voted to postpone a final decision on Rule30e-3, despite public comments in the media that the rule would be dropped.

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