WASHINGTON—You know those printed mutual-fund reports you meant to read but wound up tossing into the recycling bin? There won’t be too many more of them. Regulators have approved a longstanding request from the mutual-fund industry, which has pressed for email, rather than snail mail, to be the default method for disseminating shareholder reports. The Securities and Exchange Commission approved a rule that will allow funds, beginning in 2021, to post the documents on websites and tell shareholders how to access them electronically.

Source: Wall Street Journal June 05, 2018 13:18 UTC