The SEC has announced that it will be carefully monitoring the impact and developments affecting investors and capital markets since Hurricane Ida made landfall on August 29, 2021. Continue reading "SEC Closely Observing Effects of Hurricane Ida..." »

The FERC has approved final modifications to its Data Collection for Analytics and Surveillance and Market-Based Rate Purposes proposal to collect further data from certain market-based sellers with ultimate upstream affiliates that have been given blanket authorization to procure the securities of those sellers or upstream affiliates of those sellers. The proposal includes certain updates to the data dictionary and XML schema that accompany the relational database introduced in Order No. 860. Continue reading "FERC Approves New Identifier Requirements" »

The SEC has announced that during fiscal year 2022, fees for public companies and other issuers paying to register their securities with the SEC will be fixed at $92.70 per million dollars. The SEC’s projections are calculated using a process developed in consultation with the Congressional Budget Office and the Office of Management and Budget. Continue reading "SEC Issues Fee Rate Advisory #1 for Fiscal Year..." »

The SEC has announced open data enhancements that not only facilitate innovation but also allow all market participants access to financial statements and other disclosures prepared by public companies on its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. Continue reading "SEC Upgrades Accessibility to Financial..." »

The FERC has announced that it will host two virtual staff-led webinars regarding energy and ancillary services markets administered by Regional Transmission Organizations and Independent System Operators. {expires: 2021-10-13} Continue reading "FERC to Host Two-Part Technical Conference..." »

The SEC has submitted to the Federal Register a request for an extension of the current process for data collection of the Form S-1 (17 CFR 239.11), which is used by domestic issuers not eligible to use other forms to register a public offering of their securities under the Securities Act of 1933 (15 U.S.C. 77a et seq.). The data collected is intended to ensure that the information required to be filed by the SEC both allows confirmation of adherence to securities law requirements and assures that such information is accessible to the public. {expires: 2021-09-09} Continue reading "SEC Seeks Comment on S-1 Data Collection" »

The FERC will present a workshop to address certain performance-based ratemaking approaches that may foster deployment of transmission technologies, particularly shared savings. When utilized in certain circumstances, transmission technologies may enhance reliability, efficiency, and capacity, and improve the operation of new or existing transmission facilities. {expires: 2021-09-11} Continue reading "FERC to Host Webinar to Discuss Certain..." »

The SEC’s Atlanta Regional Office, the Better Business Bureau, the Tennessee Financial Literacy Commission, and the Tennessee Department of Commerce and Insurance will jointly convene an online town hall to address both consumer and investment fraud and the rise of digital and cryptocurrencies. The event will take place on Wednesday, August 25, 2021, from 11:00 a.m. - 12:00 p.m. ET. The interactive session requires no registration and is free and open to the public. {expires: 2021-08-26} Continue reading "SEC Regional Office to Host a Virtual Town Hall..." »

The final phase-in to use inline XBRL for Risk Return filings begins September 17, 2021. After September 17, all fund groups will need to comply with the Inline XBRL requirements for any initial registration statement (or post-effective amendment that is an annual update to an effective registration statement) that becomes effective on or after that date. To help this transition, Novaworks is presenting a free webinar to help filers learn how to prepare Inline XBRL for the Risk Return taxonomy using our patented XDX technology.

Continue reading "Novaworks to Host Free Webinar on Using GoFiler..." »

Version 5.9b of all applications in the GoFiler Suite has been released. This release contains changes and improvements to XDX View and Inline XBRL validation. Changes to XDX include new features to support separate cover page document for filings and to allow users to paste data directly over tables within XDX while preserving as much of the XDX tagging as possible.

Continue reading "New Release (5.9b) for the GoFiler Family of..." »

XBRL US will host a remote seminar to prepare filers for phase two of the roll-out of Inline XBRL for mutual funds that begins September 17, 2021. The one-hour event will held on Wednesday, August 18, 2021 at 3:00 p.m. ET. The session is free and open to the public, though registration is required. {expires: 2021-08-19} Continue reading "XBRL US to Present Webinar on Inline XBRL for..." »

The SEC has announced the adoption of a substituted compliance determination order regarding security-based swap dealers and major security-based swap participants (SBS Entities) subject to regulation in the French Republic (the French Order). This is the first determination that focuses on substituted compliance associated with the SEC’s margin and capital mandates. Additionally, the SEC and the French Autorité des Marchés Financiers and the Autorité de Contrôle Prudentiel et de Résolution have entered into a memorandum of understanding to discuss cooperative efforts related to enforcement and supervision and other issues associated with substituted compliance. Continue reading "SEC Releases Substituted Compliance..." »

On July 30, 2021, the SEC issued the Chair’s agenda of rulemaking actions under the Regulatory Flexibility Act for Spring 2021 to the Federal Register. The SEC’s staff completed data collection on May 11, 2021, and information in the agenda was confirmed to be accurate on that day. The agency invites questions and comments related to the agenda and individual agenda entries during a 30-day public review and comment period ending on August 30, 2021. Continue reading "SEC Publishes Regulatory Flexibility Agenda,..." »

On July 27, 2021, the SEC began limiting automated searches to no more than 10 requests per second no matter the number of machines used to submit requests. This measure ensures that automated searches will not affect other users’ capability to access EDGAR websites, including EDGAR Company Database and EDGAR Portal. As stated in the agency’s Internet Security Policy, automated tools or “unclassified” bots are not permitted to crawl agency websites. Requests that are deemed part of an automated tool or unclassified bot and exceed 10 requests per second will be managed to guarantee equal access for all users. Continue reading "SEC Applies New Rate Control Limits to EDGAR..." »

As of Tuesday, July 27, the SEC has discontinued support for Windows 7 and Internet Explorer. Windows 7 has not been supported by Microsoft since January 14, 2020, and Internet Explorer will reach end-of-life in June of 2022. The SEC has now updated its security protocols on www.edgarfiling.sec.gov and associated websites to no longer accept legacy security credentials from computers accessing the website via Windows 7 using Internet Explorer. This change also affects Windows Server 2012. Continue reading "SEC Websites Discontinue Support for Windows 7..." »