On June 10, 2019, EDGAR Release 19.2 was released by the Securities and Exchange Commission. This release included new cover page tagging requirements for certain forms filed in Inline XBRL. Also new are a number of changes to Form MA and an enhanced “Application for EDGAR Access (Form ID)” that is available on the EDGAR Filer Management Website.
More details on the changes are available below:
Form ID
The SEC has released an enhanced version of the Form ID application available from the EDGAR Filer Management Website (www.filermanagement.edgarfiling.sec.gov/Welcome/EDGARFilerMgmtMain.htm).
To access the new version, click the button on the EDGAR Filer Management Website’s front page that says “Press Here to Begin”. This will bring you to the EDGAR Filer Management home page. Then choose the “Apply for EDGAR Access (New)” link available in the left navigation bar.
In this new version, applicants can save their Form ID application and then resume the application by restoring it at a later time. In addition, PDF attachments for “Application for EDGAR Access (Form ID)” and “Update Passphrase” are validated.
Cover Page Tagging
Filers can include cover tags within any Inline XBRL document set for submission forms that permit Inline XBRL. EDGAR warns filers if any required cover tags are missing, nil, or empty in 10-K, 10-K/A, 10-KT, 10-KT/A, 10-Q, 10-Q/A, 10-QT, 10-QT/A, 8-K, 8-K/A, 8-K12B, 8-K12B/A, 8-K12G3, 8-K12G3/A, 8-K15D5, 8-K15D5/A, 20-F, 20-F/A, 40-F, and 40-F/A when these are submitted as Inline XBRL format.
Form MA
Form MA and its variants were updated with the following changes:
- For filings submitted using the SEC filer-interface, EDGAR no longer prepends leading zeros for the provided CRD Number values. Any CRD Number with prepended zeros has the zeros removed. For filer-constructed submissions, filers should either provide a value of “000000000” or ensure that the CRD Number value does not have any leading zeros.
- For submission form types MA, MA-A, and MA/A, filers can no longer edit their response if a value of “No” is provided for the field “Is the mailing address different from the principal office and place of business address in Item 1-E(1)?”
- For submission form types MA-A and MA/A, Schedule C was updated with a "Summary of Schedule C Changes" button to only display the newly added, edited, or deleted entries from Schedules A and B in that current submission. On the Print 'Current Form' option, only the newly added, edited, or deleted entries from Schedule C display within Schedule C. The "Type of Amendment" value no longer pre-populates for existing entries on Schedule C.
- The Print 'Current Form' option for submission form types MA, MA-A, MA/A, MA-I, and MA-I/A was updated to no longer display Part 2 information of the DRPs if a filer responds "Yes" to the field "Is an accurate and up-to-date DRP containing the information regarding the applicant or associated person required by this DRP already on file (a) in the IARD or CRD system (with a Form ADV, BD, or U4), or (b) in the SEC's EDGAR system (with a Form MA or Form MA-I)?" In addition, the "Provide the applicable information indicated below that identifies where the DRP may be found" section of Part 1 of the DRPs is not displayed on the Print 'Current Form' if there is no information provided in that section within Part 1.
XBRL
EDGAR no longer provides support for the US-GAAP 2017, EXCH 2017, and CURRENCY 2016 taxonomies. EDGAR was also updated to support the 2019 version of IFRS Taxonomy.
NSAR
After June 30, 2019, EDGAR will no longer accept the following form types due to the Commission's rescission of Form N-SAR (Release 33-10231): NSAR-A, NSAR-A/A, NSAR-AT, NSAR-AT/A, NSAR-B, NSAR-B/A, NSAR-BT, NSAR-BT/A, NSAR-U, NSAR-U/A, NT-NSAR, NT-NSAR/A, NTFNSAR, and NTFNSAR/A.
Other Changes
Filers can reference modules and segments constructed in either ASCII or HTML format in their HTML submission documents.
Version 5.0a of the GoFiler family will address these changes to EDGAR. If you need to update your version of GoFiler, use the Check for Updates function within your software. For a full list of improvements that were made for Version 4.26b, please refer to the software release notes.
Sources:
EDGAR Filing Website (edgarfiling.sec.gov)