Novaworks Weblog - SEC

MSRB Proposes Updates to Dealer Supervision Rule G‑27

nospam@example.com (LeAnn Dey) — Thu, 06 Aug 2026 17:15:00 -0400

On July 27th, the MSRB released for public review and comment a rule proposal with the SEC that would update Rule G‑27, modernize dealer supervision requirements, and reflect current business practices, including hybrid work environments. The proposal is part of the MSRB’s ongoing retrospective rule review. The MSRB notes that technological advances allow firms to supervise municipal securities activities with increased efficacy across decentralized locations. The proposed rules are designed to provide dealers with more flexibility without modifying core supervisory obligations. Continue reading "MSRB Proposes Updates to Dealer Supervision Rule G‑27"

SEC Proposes New E-Delivery Rule to Improve Investor Access to Data

nospam@example.com (LeAnn Dey) — Wed, 05 Aug 2026 16:45:00 -0400

The SEC has proposed a rule regarding Regulation E‑Delivery that would update how companies send required information to investors. The proposed rule acknowledges that the current systems rely heavily on paper, though most users receive and transmit information digitally. The SEC seeks to shift toward a simple, modern rule that makes electronic delivery the default, while still allowing requests for paper. Continue reading "SEC Proposes New E-Delivery Rule to Improve Investor Access to Data"

FASB Publishes Investment Companies Implementation Guide, Solicits Feedback

nospam@example.com (LeAnn Dey) — Thu, 30 Jul 2026 09:45:00 -0400

On July 9th, the Financial Accounting Standards Board (FASB) staff released its investment companies implementation guide, which is designed to show how the GAAP Taxonomy models financial reporting for entities that would be considered investment companies in accordance with GAAP or SEC rules. Although the publication is not authoritative, it is intended to help preparers be consistent when applying taxonomy elements, reduce tagging errors in XBRL filings, and help filers understand how the taxonomy reflects the unique structure of investment company financial statements. Continue reading "FASB Publishes Investment Companies Implementation Guide, Solicits Feedback"

SEC Staff Updates FAQs for Registration of Municipal Advisors

nospam@example.com (LeAnn Dey) — Wed, 29 Jul 2026 11:00:00 -0400

On July 16th, the SEC’s Office of Municipal Securities published an updated list of Registration of Municipal Advisors FAQs to give municipal advisors clearer guidance on registration and recordkeeping requirements. The updates help P3 participants know when they should provide information on which remote work locations must be listed on Form MA and MA‑I and when to disclose records that advisors must maintain when offering pricing advice on new municipal securities. Continue reading "SEC Staff Updates FAQs for Registration of Municipal Advisors"

SEC Adopts Rules to Update Delegations of Authority for Staff

nospam@example.com (LeAnn Dey) — Wed, 22 Jul 2026 15:00:00 -0400

On July 15th, the SEC announced that it is updating its rulemaking related to delegating authority to the agency’s staff in order to continue updating these rules, align more closely with the way the SEC conducts business, and more efficiently use the SEC’s resources. The final rule updates and modernizes how certain responsibilities are delegated to staff so the agency can operate more efficiently. Continue reading "SEC Adopts Rules to Update Delegations of Authority for Staff"

GoFiler 6.5c Now Available

nospam@example.com (Administrator) — Mon, 20 Jul 2026 17:35:00 -0400

Version 6.5c of GoFiler has been released. This version contains changes and improvements for XBRL View/XDX and general EDGAR tools as well as corrections for Form 24F-2 and Section 16. Continue reading "GoFiler 6.5c Now Available"

SEC Announces 2026 Regulatory Agenda

nospam@example.com (LeAnn Dey) — Thu, 16 Jul 2026 15:15:00 -0400

The SEC has released its 2026 regulatory agenda, which outlines a revitalized focus on the agency’s central priorities which are protecting investors, supporting capital formation, and ensuring fair and efficient markets. The SEC seeks to update its rules by adopting new technology and making it simple to understand how crypto assets can be issued, traded, and stored on‑chain, while keeping strong investor protections in place. Continue reading "SEC Announces 2026 Regulatory Agenda"

SEC Updates Market Statistics Focusing on Strong Growth in IPO Activity

nospam@example.com (LeAnn Dey) — Wed, 08 Jul 2026 14:00:00 -0400

On July 1st, the SEC’s Division of Economic and Risk Analysis (DERA) released updated US capital‑market statistics and new interactive data visualizations. The revision includes expanded information on asset‑backed securities (ABS), municipal advisors, and additional historical data for ABS and commercial mortgage-backed securities (CMBS) issuances. Continue reading "SEC Updates Market Statistics Focusing on Strong Growth in IPO Activity"

SEC, CFTC Seek Feedback on Expanding Portfolio Margining and Cross‑Margining

nospam@example.com (LeAnn Dey) — Mon, 06 Jul 2026 15:45:00 -0400

On June 26th, the SEC and the Commodity Futures Trading Commission (CFTC) published a joint request for comment to consider ways to expand portfolio and cross‑margining. Input from the public may inform how updates affect the ability of securities and derivatives regulated by the SEC, the CFTC, or both agencies to be consolidated and margined in a unified manner, thus offsetting their risks and managing them in a single framework. Continue reading "SEC, CFTC Seek Feedback on Expanding Portfolio Margining and Cross‑Margining"

Independence Day

nospam@example.com (LeAnn Dey) — Thu, 02 Jul 2026 09:00:00 -0400

The SEC will be closed Friday, July 3rd in observance of Independence Day. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of July 3rd will be due the following business day, Monday, July 6th. The FERC also will be closed in observation of Independence Day. eForms will accept filings submitted on July 3rd.
Continue reading "Independence Day"

SEC Updates Financial Reporting Manual

nospam@example.com (LeAnn Dey) — Wed, 01 Jul 2026 16:00:00 -0400

The SEC’s Division of Corporation Finance periodically makes informal staff interpretations available to the public via the Financial Reporting Manual (FRM). The update does not make any technical changes; it only includes administrative edits, so none of the sections have date tags added. Continue reading "SEC Updates Financial Reporting Manual"

SEC, CFTC Request Comment on Revising Swap Data Reporting

nospam@example.com (LeAnn Dey) — Wed, 01 Jul 2026 10:30:00 -0400

On June 18th, the SEC and the Commodity Futures Trading Commission (CFTC) released a joint request for comment to consider ways to harmonize swap data reporting across the security‑based swap and swap markets. The coordinated effort to align swap data reporting is part of the agencies’ ongoing responsibilities pursuant to the Dodd‑Frank Act, which set up distinct but complementary reporting systems for each agency. Continue reading "SEC, CFTC Request Comment on Revising Swap Data Reporting"

SEC, CFTC Solicit Feedback on Modernizing Derivatives Product Definitions

nospam@example.com (LeAnn Dey) — Mon, 29 Jun 2026 15:15:00 -0400

On June 18th, the SEC and the Commodity Futures Trading Commission (CFTC) published a joint request for comment to explore ways to update derivatives definitions and clarify interpretive issues under Title VII of Dodd‑Frank. The agencies seek to ensure that regulatory frameworks keep up with ever changing and developing market structures, new financial products, and modern trading practices. Continue reading "SEC, CFTC Solicit Feedback on Modernizing Derivatives Product Definitions"

XBRL US to Discuss the SEC’s Quarterly versus Semiannual Rule Proposal

nospam@example.com (LeAnn Dey) — Mon, 22 Jun 2026 15:30:00 -0400

XBRL US will host a webinar to discuss the benefits and disadvantages of quarterly versus semiannual reporting, and the implications of the SEC’s Semiannual Reporting rule proposal. The webinar will take place on Thursday, June 25, 2026, and will begin at 3:00 p.m. Eastern.
Continue reading "XBRL US to Discuss the SEC’s Quarterly versus Semiannual Rule Proposal"

Juneteenth

nospam@example.com (LeAnn Dey) — Fri, 19 Jun 2026 10:00:00 -0400

The SEC will be closed Friday, June 19th, in observance of Freedom Day. The EDGAR System will not receive, process or accept filings on this day. Filings with a due date of Friday, June 19th, will be due the following business day, Monday, June 22nd. The FERC will also be closed in observation of Freedom Day. eForms will accept filings submitted on June 19th.
Continue reading "Juneteenth"

SEC Proposes Overturning Regulation NMS Rules 611 and 610(e)

nospam@example.com (LeAnn Dey) — Thu, 18 Jun 2026 17:00:00 -0400

On June 11th, the SEC proposed amendments to rescind Rules 611 (the Order Protection Rule) and 610(e) (the Access Rule’s locked/crossed market provision) of Regulation NMS under the Securities Exchange Act of 1934. The rule proposal is designed to streamline market structure, mitigate costs for market participants, and support competition and innovation, thus impacting the development of equity markets. Continue reading "SEC Proposes Overturning Regulation NMS Rules 611 and 610(e)"

SEC Adopts Joint Data Standards Rules Under FDTA

nospam@example.com (LeAnn Dey) — Tue, 09 Jun 2026 14:40:00 -0400

On June 8th, the SEC approved rules that establish joint data standards under the Financial Data Transparency Act of 2022 (FDTA). The rulemaking establishes technical standards for data submitted to certain financial regulatory agencies, making financial data more accessible, uniform, and useful to the public. The joint data standards would make it easier for financial institutions to file reports across multiple agencies and help regulators carry out the SEC’s oversight functions with greater efficacy. Continue reading "SEC Adopts Joint Data Standards Rules Under FDTA"

SEC Cancels June 2026 EDGAR Release

nospam@example.com (LeAnn Dey) — Wed, 03 Jun 2026 10:54:00 -0400

On June 1st, the SEC canceled EDGAR software release 26.2, which was planned for June 15, 2026. Draft EDGAR Filer Manual revisions and draft Technical Specifications related to the release that previously was published on May 15th are no longer relevant and have been removed from the SEC’s site. Associated changes made to the EDGAR Beta Environment will be reverted on June 1st. Continue reading "SEC Cancels June 2026 EDGAR Release"

SEC Staff to Hold Investor Advisory Committee Meeting

nospam@example.com (LeAnn Dey) — Mon, 01 Jun 2026 11:00:00 -0400

The SEC’s Investor Advisory Committee will hold an open meeting via webcast on the SEC’s site that will take place on Thursday, June 4, 2026, beginning at 10:00 a.m. ET. The meeting is free 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 Meeting"

Memorial Day

nospam@example.com (LeAnn Dey) — Fri, 22 May 2026 13:45:00 -0400

The SEC will be closed Monday, May 25th 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 25th 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 25th. Continue reading "Memorial Day"

SEC Proposes Rules to Allow Optional Semiannual Filings for Public Companies

nospam@example.com (LeAnn Dey) — Tue, 05 May 2026 17:00:00 -0400

On May 5th, the SEC proposed rule and form amendments that would allow public companies to file semiannual reports instead of traditional quarterly reports. The change would offer issuers greater flexibility in meeting interim reporting obligations under federal securities laws. Under the proposal, companies subject to Exchange Act Sections 13(a) or 15(d) may choose to file a new Form 10‑S twice a year in place of Form 10‑Q. Rather than file three quarterly reports and one annual report, eligible companies could choose the streamlined option to file one semiannual report and one annual report per fiscal year. Continue reading "SEC Proposes Rules to Allow Optional Semiannual Filings for Public Companies"

SEC Provides Preview of June 2026 EDGAR Release 26.2

nospam@example.com (LeAnn Dey) — Thu, 21 May 2026 10:00:00 -0400

On May 15th, the EDGAR Business Office issued a preview of the upcoming updates to the EDGAR system’s capabilities, technical specifications, and the draft EDGAR Filer Manual prior to the approaching EDGAR software release. The release is currently scheduled for June 15, 2026, and filers may review and test the expected EDGAR system changes in the EDGAR Beta Environment beginning June 1, 2026. Continue reading "SEC Provides Preview of June 2026 EDGAR Release 26.2"

SEC Proposes to Modernize Registered Offerings and Reduce Reporting Burdens for Public Companies

nospam@example.com (LeAnn Dey) — Wed, 20 May 2026 16:15:00 -0400

On May 19th, the SEC proposed reforms intended to improve the efficiency, resilience, and cost‑effectiveness of registered offerings while remaining focused on providing strong investor protections. The proposal seeks to streamline the public‑company reporting framework and more closely align disclosure requirements with a company’s size and phase of development. The proposal is designed to respond to years of increasing regulatory complexity and a sustained drop in the number of public companies. By simplifying offerings and customizing disclosure requirements, the SEC aims to encourage more businesses, especially small and mid‑sized issuers, to go public and remain in the public markets. Continue reading "SEC Proposes to Modernize Registered Offerings and Reduce Reporting Burdens for Public Companies"

SEC Adopts Technical Amendments to Update Regulation NMS Cross-Reference, Delegated Authority Rules

nospam@example.com (LeAnn Dey) — Fri, 08 May 2026 10:30:00 -0400

On May 1st, the SEC’s Division of Trading and Markets adopted technical amendments to Rule 610 of Regulation NMS under the Exchange Act. The amendments are designed to modernize outdated cross‑references in provisions governing locking and crossing quotations. The rulemaking also corrects an obsolete reference in the rules that delegate authority to SEC staff to allow certain exemptions. Continue reading "SEC Adopts Technical Amendments to Update Regulation NMS Cross-Reference, Delegated Authority Rules"

MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook

nospam@example.com (LeAnn Dey) — Wed, 29 Apr 2026 15:30:00 -0400

On April 28th, the Municipal Securities Rulemaking Board (MSRB) released for public review and comment a rule proposal to modify Rule G‑12(c). The proposed rule would update Rule G‑12(c), which regulates confirmation requirements for inter‑dealer municipal securities transactions that cannot be processed through automated comparison systems. The proposed rule supports the MSRB’s ongoing review of its rules, published guidance, and rulebook modernization efforts to align with current technology and operational standards. Continue reading "MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook"

SEC, CFTC Propose Amendments to Modernize Form PF Reporting, Solicit Comment

nospam@example.com (LeAnn Dey) — Mon, 27 Apr 2026 14:30:00 -0400

On April 20th, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed amendments to Form PF, the confidential reporting form used by SEC‑registered private fund advisers, which include those also registered with the CFTC as Commodity Pool Operators (CPOs) or Commodity Trading Advisors (CTAs). The updates would keep Form PF effective for regulatory oversight while making compliance more efficient for advisers. Continue reading "SEC, CFTC Propose Amendments to Modernize Form PF Reporting, Solicit Comment"

SEC Releases Proposal to Extend Rule 17Ad‑27, Solicits Comment

nospam@example.com (LeAnn Dey) — Fri, 24 Apr 2026 15:15:00 -0400

On April 16th, the SEC announced that it is publishing its proposed information‑collection requirements under Rule 17Ad‑27 for public review and comment. The rule applies to central matching service providers (CMSPs) that offer matching services but are exempted from registering as clearing agencies. These CMSPs help broker‑dealers, institutional investors, advisers, and custodians electronically agree on trade details to accelerate automated settlement. Continue reading "SEC Releases Proposal to Extend Rule 17Ad‑27, Solicits Comment"

SEC Advances Treasury Market Resilience with New Cross‑Margining Structure

nospam@example.com (LeAnn Dey) — Fri, 17 Apr 2026 16:00:00 -0400

On April 15th, the SEC announced a conditional exemptive order that would permit customer cross‑margining between cash market positions in US Treasury securities cleared by a registered clearing agency and futures positions in US Treasury securities cleared by a registered derivatives clearing organization. The exemption applies to broker‑dealers that are also registered as futures commission merchants with the Commodity Futures Trading Commission (CFTC) and that serve as joint clearing members of both clearing entities. In accordance with the order, these organizations now may offer cross‑margining to eligible customers in a futures account as long as all conditions of the exemption are met. Continue reading "SEC Advances Treasury Market Resilience with New Cross‑Margining Structure"

SEC Releases Enforcement Results for Fiscal Year 2025

nospam@example.com (LeAnn Dey) — Fri, 10 Apr 2026 15:45:00 -0400

On April 7th, the SEC’s Division of Enforcement announced that in fiscal year 2025, it saw a number of significant enforcement actions that furthered its attempt both to protect investors and promote market integrity. Continue reading "SEC Releases Enforcement Results for Fiscal Year 2025"