Due to COVID-19 and its impact on the current environment, the United States Postal Service is unable to deliver mail to certain foreign countries.1 Pursuant to the Security and Exchange Commission’s Staff Statement Regarding Temporary International Mail Service Suspensions to Certain Jurisdictions Related to the COVID-19 Pandemic, dated June 24, 2020, Merrill will be delaying mailings to impacted clients. These restrictions impact MLPF&S’ ability to deliver a number of mailings, including statements, trade confirms, service notices, regulatory notices, performance reports, tax reporting documents, prospectuses, and shareholder communications.
In an effort to ensure undue delay in mail delivery to our clients, we encourage all clients who live in impacted countries to opt-in to electronic delivery to avoid further delays as a result of mail delivery restrictions. The firm or your Advisor/Relationship Manager, where applicable, will attempt to communicate with you via electronic mail or telephone to encourage you to adopt electronic delivery and may, consistent with confidentiality requirements, attempt to deliver certain disclosures electronically. In the event that you do not consent to electronic delivery or we are unable to deliver impacted mailings electronically, we will take reasonable steps to send physical mailings within 7 days after mail delivery services resume in your country of residence.
Again, we encourage all clients to opt-in to electronic delivery to avoid further delays as a result of mail delivery restrictions. This election can be temporary or permanent. Once the mail suspension is lifted, you may change your delivery preference back to physical mailings.
For a copy of the formal notice provided to the SEC, please click here.
1As of July 27, 2020, the United States Postal Service is unable to deliver mail to the following twenty-three (23) countries: Bermuda, Bolivia, Botswana, Brunei, Cayman Islands, Costa Rica, Cuba, Dominican Republic, Ecuador, Fiji, French Polynesia, Guatemala, Haiti, Honduras, Iraq, Libya, Mauritius, Nepal, Panama, Papua New Guinea, South Africa, Venezuela and Yemen.
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