Definitions

In this Act: (1) Commission The term Commission means the Securities and Exchange Commission. (2) Covered entity The term covered entity means— (A) an investment company, as defined in section 3(a)(1) of the Investment Company Act of 1940 (15 U.S.C. 80a–3(a)(1)), that is registered under such Act; (B) a business development company, as defined in section 2(a) the Investment Company Act of 1940 (15 U.S.C. 80a–2(a)); (C) a registered broker or dealer, as those terms are defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)); (D) a registered municipal securities dealer, as defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)); (E) a registered government securities broker or government securities dealer, as defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)); (F) a registered investment adviser, as defined in section 202(a) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–1(a)); (G) a registered transfer agent, as defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)); or (H) a registered funding portal, as defined in section 3(a) of the Securities Exchange Act of 1934) (15 U.S.C. 78c(a)). (3) Electronic delivery The term electronic delivery, with respect to regulatory documents, includes— (A) the direct delivery of such regulatory document to an electronic address of an investor; (B) the posting of such regulatory document to a website and direct electronic delivery of an appropriate notice of the availability of the regulatory document to the investor; and (C) an electronic method reasonably designed to ensure receipt of such regulatory document by the investor. (4) Regulatory documents The term regulatory documents includes— (A) prospectuses meeting the requirements of section 10(a) of the Securities Act of 1933 (15 U.S.C. 77j(a)); (B) summary prospectuses meeting the requirements of section 230.498 or 230.498A of title 17, Code of Federal Regulations; (C) Statements of Additional Information, as defined in section 270.30e–3(h) of title 17, Code of Federal Regulations; (D) annual and semiannual reports to investors meeting the requirements of section 30(e) of the Investment Company Act of 1940 (15 U.S.C. 80a–29(e)); (E) notices meeting the requirements of section 270.19a–1 of title 17, Code of Federal Regulations; (F) confirmations and account statements meeting the requirements of section 240.10b–10 of title 17, Code of Federal Regulations; (G) proxy statements meeting the requirements of section 240.14a–3 of title 17, Code of Federal Regulations; (H) privacy notices meeting the requirements of Regulation S–P under subpart A of part 248 of title 17, Code of Federal Regulations; (I) affiliate marketing notices meeting the requirements of Regulation S–AM under subpart B of part 248 of title 17, Code of Federal Regulations; and (J) all other regulatory documents required to be delivered by covered entities to investors under the securities laws and the rules and regulations of the Commission and the self-regulatory organizations. (5) Securities laws The term securities laws has the meaning given the term in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)). (6) Self-regulatory organization The term self-regulatory organization means a self-regulatory organization, as defined in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)). (7) Website The term website means an internet website or other digital, internet, or electronic-based information repository, such as a mobile application, to which an investor of a covered entity has been provided reasonable access.