What initiative will the SEC implement as part of the ease of doing business?

The initiative that the SEC will implement as part of the ease of doing business is the development of an electronic filing and monitoring system. This approach aligns with modernizing the regulatory environment to enhance efficiency and accessibility for businesses. By creating an electronic platform, the SEC facilitates quicker and more convenient submission of documents, reduces the need for physical paperwork, and enables real-time monitoring of filings. This streamlining of processes is essential in promoting a business-friendly atmosphere, minimizing bureaucratic hurdles, and ultimately supporting economic growth.

In contrast, options that suggest increasing in-person meetings or restricting corporate filings to physical copies would likely hinder the ease of doing business by adding complexity and reducing efficiency. Similarly, creating more stringent filing requirements isn’t aligned with the goal of simplifying processes for businesses, which could make compliance more burdensome rather than easier.