The SEC will be closed Monday, February 17th in observance of Presidents’ Day/Washington’s Birthday. The EDGAR System will not receive, process, or accept filings on this day. Filings with a due date of February 17th will be due the following business day, Tuesday, February 18th. The FERC will also be closed in observance of the federal holiday. eForms will accept filings submitted on February 17th. {expires: 2025-02-18} Continue reading "Presidents’ Day" »

On February 7th, the SEC provided a temporary exemption from both compliance with Rule 13f-2 under the Securities Exchange Act and reporting on Form SHO. As a result of the exemption, filings on initial Form SHO reports from institutional investment managers that meet or exceed certain specified thresholds will be due by February 17, 2026, for the January 2026 reporting period. The effective date for Rule 13f-2 and Form SHO was January 2, 2024, and the compliance date for the rule and form was January 2, 2025, with initial Form SHO filings originally due by February 14, 2025. Continue reading "SEC Announces Exemption From Exchange Act Rule..." »

XBRL US will host a webinar to prepare filers to use the SEC’s new EDGAR Filer Management dashboard that will go live on March 24, 2025. The session will feature an overview of important deadlines, a “prep for enrollment” checklist, and technical demonstrations of both the bulk and manual enrollment process. The event will take place on Wednesday, March 5, 2025 at 1:00 p.m. (ET). {expires: 2025-03-06} Continue reading "XBRL US to Host Webinar to Promote Readiness..." »

The SEC’s Small Business Capital Formation Advisory Committee will hold an open meeting via webcast on sec.gov to discuss matters concerning rules and regulations affecting small and emerging businesses and their investors under the federal securities laws. The meeting will take place on Tuesday, February 25, 2025, from 10:00 a.m. until 3:30 p.m. ET. This meeting is open for the public to attend. {expires: 2025-02-26} Continue reading "SEC’s Small Business Capital Formation Advisory..." »

On February 7th, the SEC announced that the Federal Reserve Financial Services (FRFS) will adopt the ISO 20022 message format for the Fedwire Funds Service on March 10, 2025 in a single-day launch. The current Fedwire Application Interface Manual (FAIM) format has a sunset date of March 9, 2025. The Fedwire payment instructions for filing fee registrants will be updated on the SEC’s website once the new format is live. Continue reading "Federal Reserve Financial Services to Adopt New..." »

On February 3rd, the EDGAR system was upgraded with interim release 25.0.1, and it now supports the 2024q3 version of the Fund (FND) taxonomy. The 2024q3 version of the FND taxonomy will now include the requisite update for compatibility with the 2024q3 version of the Open-End Fund (OEF) taxonomy enabling filers to use both taxonomies in one filing, and provide the elements for tagging disclosures related to the SEC’s rulemaking regarding enhanced prospectus disclosure requirements for terminology used in fund names. Continue reading "SEC Announces Interim Release 25.0.1 for EDGAR..." »

On January 27th, the Financial Accounting Standards Board (FASB) issued two proposed Taxonomy Implementation Guides based on the 2025 GAAP Financial Reporting Taxonomy, which was made available in December 2024 pending SEC approval. These guides focus on the accounting changes and segment reporting following the adoption of Accounting Standards Update 2023-07 (ASU). Continue reading "FASB Publishes Proposed Taxonomy Implementation..." »

On January 29th, the Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) jointly extended the compliance date for the amendments to Form PF. Adopted on February 8, 2024, this is the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as commodity pool operators (CPOs) or commodity trading advisers (CTA). Continue reading "SEC, CFTC Announce Extension of Form PF..." »

The Municipal Securities Rulemaking Board (MSRB) has published its annual notice establishing the criteria for designating participants for its mandatory business continuity and disaster recovery testing consistent with the Regulation Systems Compliance and Integrity (Regulation SCI), adopted by the SEC under the Securities Exchange Act of 1934. Continue reading "MSRB Releases Notice on Mandatory Participation..." »

The Financial Accounting Standards Board (FASB) has released for public review and comment proposed GAAP Taxonomy Improvements for the proposed Accounting Standards Update (ASU) on Topic 818, Environmental Credits and Environmental Credit Obligations, along with related release notes. Continue reading "FASB Staff Releases Proposed GAAP Taxonomy..." »

Both the SEC and the FERC will be closed Monday, January 20, 2025, in observation of both the Birthday of Martin Luther King, Jr., and Inauguration Day. The EDGAR System will not receive, process or accept filings on that day. Filings with a due date of January 20th will be due the following business day, Tuesday, January 21st. eForms will accept filings submitted on January 20th. {expires: 2025-01-21} Continue reading "Birthday of Martin Luther King, Jr. and..." »

In December 2024, the SEC published its semi-annual report to Congress regarding public and internal use of machine-readable data for corporate disclosures, in compliance with the Financial Data Transparency Act of 2022 (FDTA) signed into law on December 23, 2022. The FDTA requires the SEC to submit this report to both the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives every 180 days through December 23, 2029, when the provision requiring the report concludes. Continue reading "SEC Staff Issues Semi-Annual Report to Congress..." »

On January 7th, the SEC announced that it is amending rules that would require electronic filing or submission of certain forms that must be filed with or submitted to the SEC pursuant to the Securities Exchange Act and the rules and regulations under the Exchange Act. These changes apply to certain forms filed or submitted by self-regulatory organizations (SROs). Continue reading "SEC Releases Draft of New Derivatives..." »

Pursuant to an executive order issued by President Biden, the SEC will be closed on Thursday, January 9, 2025, in observance of a national day of mourning for James Earl Carter, Jr., the thirty-ninth president of the United States. {expires: 2025-01-10} Continue reading "SEC Announces EDGAR System Closure on January 9" »