1. Short title This Act may be cited as the Improving Disclosure for Investors Act of 2024 . 2. 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) )