Not to mention how many trees would be left standing. The way it would work is, if you're opening anew account, you decide at the time if you want to be a single-copy family. If you already are a customer when the rule goes into effect and there's a pretty good indication the parties reside at the same address, the issuing company will let you have 60 days to object to prospective streamlining. At any time, you can ask to go back to receiving multiple copies. Documents go to each family member in whose name shres are purchased, often multiplying the copies one family receives of the same information.
Mutual funds know that some investors are annoyed by all the attention.
T. Rowe Price, for example, warns investors that it is not allowed by law to send a single copy of a prospectus to a household with multiple investors. Plaze said the SEC did research of its own and found that sending people too much information resulted in them throwing all of it out. That way, the investors would have to read their mail.