The SEC recently provided reminders, tips and resources for filers who are preparing for compliance with EDGAR Next, the September 2024 rule and form amendments that enhance the security of the SEC's EDGAR system and improve filers' ability to access and manage accounts. EDGAR Next applies to all registrants who electronically submit filings on the EDGAR system. This includes entities such as issuers and filing agents as well as individuals, such as officers and directors subject to the requirements of Section 16 of the Securities Exchange Act. Continue reading "SEC Provides Guidance on Enrolling in EDGAR Next" »

On June 11th, the SEC and US Commodity Futures Trading Commission (CFTC) voted to extend the compliance date to October 1, 2025, for the amendments to Form PF that were adopted in February 2024 to enhance the Financial Stability Oversight Council's ability to monitor systemic risk and to improve the SEC's regulatory oversight of private fund advisers and investor protection efforts. The original compliance date for the rulemaking was March 12, 2025, but was previously extended to June 12, 2025. Continue reading "SEC Announces Further Extension of Form PF..." »

On June 16th, the EDGAR system was upgraded to Release 25.2, which now supports the 2025 version of the International Financial Reporting Standards (IFRS) taxonomy. The 2025 version of the IFRS taxonomy is the same taxonomy version that the International Accounting Standards Board made available on March 27, 2025. Continue reading "SEC Issues EDGAR 25.2 Release XBRL Taxonomies..." »

On June 2nd, the SEC's Division of Economic and Risk Analysis (DERA) published an analysis of custom tags used in XBRL filings submitted by issuers to comply with the 2009 Interactive Data tagging rules that require financial statement information to be reported in XBRL, a structured, machine-readable format. DERA observed trends in filers' use of custom tags in their XBRL exhibits submitted in Forms 10-K and 10-K/A using US GAAP for fiscal years 2022 through 2024. The analysis of these forms indicates a decrease in average custom tag rate for filings across all filer status, while the large accelerated filer category rate remained flat during that period. Continue reading "SEC Publishes US GAAP–XBRL Custom Tags Trend..." »

The SEC has announced that members of its staff will discuss whether to consider action relating to the compliance date for the amendments to Form PF, which is the confidential reporting form for certain SEC-registered investment advisers to private funds. This includes advisers also registered with the Commodity Futures Trading Commission as a commodity pool operator or commodity trading adviser. The meeting will take place on Wednesday, June 11, 2025, at 1:00 p.m. ET and is open for the public to attend via live webcast on sec.gov. Continue reading " SEC Staff to Discuss Revising Form PF..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: "EDGAR Filing" (Version 76) to prepare issuers for potential updates to the EDGAR system scheduled to be implemented in EDGAR Release 25.2.2 on September 15, 2025. The SEC also issues this draft of the EDGAR Filer Manual to solicit comment from the financial reporting community. Continue reading "SEC Issues Current Draft for Release 25.2.2 of..." »

The SEC has announced that it will host the roundtable, "DeFi and the American Spirit", on June 9th, from 1:00 p.m. to 5:00 p.m. ET. The roundtable panel will gather industry experts to discuss important matters concerning crypto asset regulation. The event, which will feature a town hall segment, is open for the public to attend via live broadcast on the SEC's website. Continue reading " SEC to Hold Crypto Task Force Roundtable: DeFi..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: EDGAR Filing (Version 75) to prepare issuers for potential updates to the EDGAR system scheduled to be introduced in EDGAR Release 25.2 on June 16, 2025. The SEC also issues this draft of the EDGAR Filer Manual to solicit comment from the financial reporting community. Continue reading "SEC Issues Current Draft for Release 25.2 of..." »

The SEC's Investor Advisory Committee will hold an open meeting via live webcast on sec.gov that will take place on Thursday, June 5, 2025, from 10:00 a.m. to 4:45 p.m. ET. The meeting is free and open for the public to attend. The meeting will cover committee matters, including subcommittee reports and approval of previous meeting minutes. Continue reading " SEC Staff to Hold Investor Advisory Committee..." »

The SEC will be closed Monday, May 26th in observance of Memorial Day. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of May 26th will be due the following business day. The FERC will also be closed in observation of Memorial Day. eForms will accept filings submitted on May 26th. Continue reading "Memorial Day" »

The SEC's Division of Investment Management has announced that it will host its 2025 Conference on Emerging Trends in Asset Management at which the Division will convene a variety of asset management industry participants, regulators, commentators, and academics to discuss emerging trends in the industry. The conference takes place on Thursday, June 5, 2025, from 9:00 a.m. to 4:30 p.m. ET, and is open for the public to attend. No registration is required for those attending the event via live broadcast on sec.gov. Continue reading "SEC Staff to Hold 2025 Conference on Emerging..." »

On May 16th, the SEC's Division of Corporation Finance released a group of Compliance and Disclosure Interpretations (C&DIs), which represent updates to the Division's interpretations of Section 112. Form SF-1, Asset-Backed Securities. Continue reading "SEC Releases Additional Compliance and..." »

On May 14th, the SEC's Office of Public Affairs determined that certain masked data fields on the publicly available reports on Form N-PORT submitted between February 3, 2025, and May 8, 2025, were inadvertently made public on the SEC's EDGAR system. The unmasking occurred as a result of a software update effective February 3, 2025. The masking error has since been rectified and did not affect Form N-PORT filings submitted after May 8, 2025. Continue reading "SEC Releases Statement on Certain Form N-PORT Data" »