The SEC has adopted amendments that would add to the revised filing and recordkeeping requirements the agency has been implementing for the past 20 years. The amendments require the electronic filing, submission, or posting of certain forms, filings, and other submissions that national securities exchanges, national securities associations, clearing agencies, broker-dealers, security-based swap dealers, and major security-based swap participants make with the SEC. Continue reading "SEC Updates the Submission of Certain Forms,..." »

The SEC will be closed on both Tuesday, December 24th and Wednesday, December 25th. December 25th is a federal holiday, and December 24th will be treated as a federal holiday for filing purposes. The EDGAR System will not receive, process or accept filings on that day. Filings with due dates of December 24th or December 25th will be considered timely if filed on Thursday, December 26th. The FERC will be closed on Wednesday, December 25th in observation of the holiday. eForms will accept filings submitted on December 25th. {expires: 2024-12-26} Continue reading "Christmas Hours" »

On December 17th, the eForms system was updated with draft Version 2025-01-01 taxonomies, validation rules, and rendering files. The Taxonomy Package also has been made accessible in the eForms portal under Taxonomy History. Continue reading "FERC Announces Latest eForms Refresh" »

On December 16th, the SEC adopted amendments to Volume II of the EDGAR System Filer Manual and related rules and forms. EDGAR Release 24.4 was deployed in the EDGAR system on December 16, 2024. Continue reading "EDGAR Release 24.4 Includes Modified Variable..." »

On December 12th, the SEC’s Office of the Advocate for Small Business Capital Formation issued to Congress its 2024 Annual Report, which details how entrepreneurs and investors are building companies together, from startups to small public companies. The report includes policy recommendations from the office, a summary of the office’s advocacy work and public engagements from fiscal year 2024, and the Small Business Capital Formation Advisory Committee’s fiscal year 2024 overview of activities. Continue reading "SEC’s Small Business Advocacy Office Issues..." »

The Financial Accounting Standards Board has released GAAP Taxonomy Improvements for two proposed Accounting Standards Updates, Interim Reporting (Topic 270): Narrow-Scope Improvements and Government Grants (Topic 832): Accounting for Government Grants by Business Entities. These proposed improvements are available for public review and comment. Continue reading "FASB Issues Proposed GAAP Taxonomy Improvements..." »

The SEC’s Office of the Chief Accountant has announced that it will hold an open meeting to consider whether to approve the 2025 final budget and accounting support fee for the Public Company Accounting Oversight Board. {expires: 2024-12-19} Continue reading "SEC Staff to Discuss 2025 Final Budget and..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: “EDGAR Filing” (Version 72) to prepare issuers for potential updates to the EDGAR system scheduled to be introduced in EDGAR Release 24.4 on December 16, 2024. Continue reading "SEC Publishes Current Draft EDGAR Filer Manual" »

On December 3rd, the SEC announced that the EDGAR Filer Manual (Volume I) General Information has been amended to reflect rule and form updates, the implementation of technical changes, and other minor edits adopted in its September 2024 rulemaking. For more details, please see the EDGAR Filer Access and Account Management final rule. The amendments are effective March 24, 2025. Continue reading "SEC Updates Volume I of the EDGAR Filer Manual" »

On November 27th, the SEC released the latest additions to the list of unregistered entities that use inaccurate information about their affiliation, location, or registration to solicit mainly non-US investors. This list is known as the Public Alert: Unregistered Soliciting Entities (PAUSE) list. The update adds 14 soliciting entities, two impersonators of real firms, and four bogus regulators. The SEC’s Office of Market Intelligence, in conjunction with the Office of Investor Education and Advocacy and the Office of International Affairs, periodically revises the PAUSE list. Continue reading "SEC Updates PAUSE List of Firms Using..." »

The SEC’s Investor Advisory Committee will hold an open meeting via webcast on sec.gov that will take place on Tuesday, December 10, 2024 at 10:00 a.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. {expires: 2024-12-10} Continue reading "SEC Staff to Hold Investor Advisory Committee..." »

Both the SEC and the FERC will be closed Thursday, November 28th in observance of Thanksgiving. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of November 28th will be due the following business day. eForms will accept filings submitted on November 28th. {expires: 2024-11-29} Continue reading "Thanksgiving Hours" »

On November 15th, the SEC voted to approve new rules and amendments to enhance transparency requirements and provide additional investor protection in initial public offerings (IPOs) by special purpose acquisition companies (SPACs) and in future business combination transactions between SPACs and target companies (de-SPAC transactions). Continue reading "SEC Adopts New Rules to Increase Transparency..." »