The Securities and Exchange Commission adopted a new rule that authorizes certain regulated investment funds (e.g., mutual funds and exchange-traded funds) to make required shareholder reports electronically accessible on their websites, provided they send written notice of the availability of such reports to their shareholders. Shareholders must also be told they may obtain a free written copy of all such reports. The earliest funds may utilize electronic shareholder reports is January 1, 2021. The SEC is also seeking public comment on new rules to enhance disclosures by investment funds. Comments on these proposals must be received by the SEC by October 31, 2018.