On September 8th, the SEC announced that it is amending rules to require electronic filing or submission of certain forms and other filings or submissions that are required to be filed with or submitted to the SEC under the Securities Exchange Act of 1934 and the rules and regulations under the Exchange Act. Continue reading "SEC Amends Rules Regarding Electronic..." »

On September 5th, the SEC announced the establishment of the Cross-Border Task Force that aims to further the Division of Enforcement's endeavors to detect and combat cross-border fraud harming U.S. investors. The Division will direct its efforts toward companies, intermediaries, exploitative traders that try to use international borders to hinder and avoid U.S. investor protections. Continue reading "SEC Launches New Cross-Border Task Force to..." »

The SEC’s Division of Corporation Finance periodically makes informal staff interpretations available to the public via the Financial Reporting Manual (FRM). Continue reading "SEC Updates Financial Reporting Manual" »

Version 6.2a of GoFiler will be released later today to facilitate the transition to EDGAR Next. This release contains all of the necessary functionality to submit filings to EDGAR Next and will automatically switch to EDGAR Next mode tonight at 10:01pm Eastern. Continue reading "GoFiler 6.2a Will Be Available for Download..." »

The SEC’s Divisions of Investment Management and Corporation Finance will hold an open meeting via webcast on sec.gov that will take place on Wednesday, September 17, 2025, at 10:00 a.m. ET. The meeting is open for the public to attend. Continue reading " SEC Staff to Hold Open Meeting" »

On September 15, 2025, enrollment in EDGAR Next becomes required in order to continue filing to the EDGAR system. Currently users can enroll their CIKs in EDGAR Next with only their current EDGAR information. Open enrollment in EDGAR Next ends on December 19, 2025. Continue reading "EDGAR Next Reminders" »

The SEC will be closed Monday, September 1st in observance of Labor Day. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of September 1st will be due the following business day. The FERC will also be closed in observation of Labor Day. eForms will accept filings submitted on September 1st. {expires: 2025-09-02} Continue reading "Labor Day" »

On August 25th, the SEC announced that fee rates applicable to most securities transactions will be set at $138.10 per million dollars on October 1, 2025. This represents a decrease from $153.10 per million dollars during the previous fiscal year. The upcoming fee rate will be applied to the registration of securities under Section 6(b) of the Securities Act of 1933, the repurchase of securities under Section 13(e) of the Securities Exchange Act of 1934, and proxy solicitations and specified tender offers under Section 14(g) of the Securities Exchange Act of 1934. Continue reading "SEC Announces Section 6(b) Filing Fee Rate..." »

As the September 15th enrollment requirement nears, Novaworks is offering a series of free webinars to help filers and filing agents gear up for compliance with EDGAR Next, the next generation EDGAR system. Through this webinar series, our knowledgeable staff will thoroughly explore the changes and requirements that are coming with EDGAR Next. Continue reading "Novaworks Offers Webinar Series to Promote..." »

The SEC’s EDGAR Business Office (EBO) has announced that it will hold a webinar that will cover EDGAR Next enrollment and answer a number of frequently asked questions related to EDGAR Next. The event takes place on Tuesday, August 26, 2025, from 2:00 p.m. to 3:00 p.m. Eastern, and registration is required to attend. The webinar will be recorded and available to view on both the SEC’s YouTube channel and the SEC’s EDGAR Next page following the event. {expires: 2025-08-27} Continue reading "SEC Staff to Host EDGAR Next Webinar" »

On July 28th, the Financial Accounting Standards Board (FASB) issued the proposed Taxonomy Implementation Guide, Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which is based on the 2025 GAAP Financial Reporting Taxonomy. The proposed guide demonstrates the framework for the reporting of the disaggregation of income statement expenses in accordance with the FASB Accounting Standards Codification Subtopic 220-40. The guide is comprised of examples and solely focuses on detail tagging (Level 4). Continue reading "FASB Publishes Proposed Taxonomy Implementation..." »

On July 22, staff in the SEC’s Division of Economic and Risk Analysis issued an amended SPAC taxonomy that will be deployed as part of an upcoming EDGAR Release and will add the Over-allotment Option [Axis] to the dilution source link roles relating to SPAC dilution disclosure. The taxonomy also replaces the Security Class [Axis] (in certain roles relating to sponsor compensation) with Compensation Nature [Axis] (a superset of Security Class [Axis]). This allows filers to declare members needed for tagging non-security types of compensation. Continue reading "SEC Revises Special Purpose Acquisition Company..." »

On July 21, staff in the SEC’s Division of Economic and Risk Analysis published findings related to an analysis of public float tagging errors. Form 10-K cover pages require the disclosure of the aggregate market value of both voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was most recently sold, or the average bid and asked price of such common equity, such as public float, as of the last business day of a filer’s most recently completed second fiscal quarter. Continue reading "SEC Releases Analysis of Public Float Tagging..." »

On July 14th, the SEC announced that the new filing fee Fedwire payment format is now available in the EDGAR system. The Federal Reserve Bank Fedwire Funds service adopted the ISO 20022 message format on July 14, 2025. The previous Fedwire Application Interface Manual (FAIM) format had a sunset date of July 11, 2025. The Fedwire payment instructions for filing fee registrants have been updated with the implementation of the new format. Continue reading "SEC Launches New Filing Fee Fedwire Payment..." »