📈SEC Updates EDGAR Filer Manual
Adoption of Updated EDGAR Filer Manual
Summary
The Securities and Exchange Commission ("Commission") is adopting amendments to Volume II of the Electronic Data Gathering, Analysis, and Retrieval system Filer Manual ("EDGAR Filer Manual" or "Filer Manual") and related rules and forms. Version 73 of Volume II of the Filer Manual reflects and identifies changes to EDGAR made in connection with Release 25.1, and Version 74 of Volume II of the Filer Manual synthesizes changes from Version 73 with changes to EDGAR made in connection with the Commission's September 27, 2024, EDGAR Filer Access and Account Management rulemaking ("EDGAR Next"). The Commission is incorporating by reference Version 74 of Volume II.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The SEC's adoption of updates to the EDGAR Filer Manual introduces new compliance requirements for electronic filings, particularly for Special Purpose Acquisition Companies (SPACs) regarding Inline XBRL tagging. This directly affects business owners and executives in terms of regulatory compliance costs and operational adjustments needed by April 2025.