Keep US Posted Urges SEC & Dept. of Labor to Reject New Delivery Rules Allowing “Paperless” Delivery without Permission

Comments Warn that Switching Investors & Health Plan Participants Would Compromise Access & Cost USPS $3 Billion Each Year, Intensifying Looming Insolvency Projections

Keep US Posted filed comments urging the Securities and Exchange Commission (SEC) and the Department of Labor (DOL) to reject proposed rules that allow companies to automatically switch investors and health plan participants to paperless delivery without their affirmative consent. Both SEC and DOL are considering whether to allow companies to default people to electronic-only delivery for required health insurance and investment disclosures or updates.

In the separate comments, filed today in conjunction with the SEC and DOL deadlines, Keep US Posted highlighted various ways in which the proposed rules would only benefit the finance and health insurance companies. The group also argued that regulatory changes would be unnecessary if consumers truly prefer digital-only communications, as the proposals claim, because individuals can already choose to go “paperless.” Keep US Posted warned that the rules would ultimately hurt the U.S. Postal Service, costing it up to $3 billion annually at a time when the agency is already struggling financially and projecting a cash crisis and potential insolvency in 2031.

The Keep US Posted comments to the SEC state, in part: “We fully support digital access, but the affirmative choice to stop receiving paper disclosures should belong to investors — just as the choice to ‘go paperless’ currently does. No one should be forced to take additional steps simply to keep receiving essential financial information in a format they can reliably use. Regulation E-Delivery would erode access and weaken the very protections the SEC is mandated to uphold. The proposal would greatly intensify barriers to financial literacy and market participation, increase cybersecurity risks, and significantly reduce the postal revenue which supports mail service for the entire public at a time when USPS is facing a cash crisis and insolvency in the next five years.”

The Keep US Posted comments to the DOL state, in part: “While the proposed rule projects $400 million in annual savings for health plans, it shifts the cost onto participants by making access to coverage information even more complex. Digital access should expand participants’ options, not require additional steps to retain their preferred delivery method. Using an online portal is not permission to stop paper delivery, and silence is not an expression of preference.”

To read the SEC’s proposed rule, visit https://www.sec.gov/files/rules/proposed/2026/33-11430.pdf. To read the Department of Labor’s proposed rule, visit https://www.federalregister.gov/documents/2026/07/23/2026-14917/electronic-disclosure-by-group-health-plans-under-erisa.