The SEC adopts rule amendments to allow use of electronic signatures and electronic storage of signature pages

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On November 17 the SEC adopted rules that permit the use of electronic signatures for most SEC filings and the electronic storage of executed signature pages. As a result, filers will no longer be required to create or collect “wet ink” signature pages for these SEC filings or keep physical files with manual signatures. The SEC expects that many companies will make use of the new rules to simplify their signature collection and storage processes, particularly in light of the administrative burdens imposed by the COVID-19 pandemic.

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