Adoption of Updated EDGAR Filer Manual

<RULE> SECURITIES AND EXCHANGE COMMISSION <CFR>17 CFR Part 232</CFR> <DEPDOC>[Release Nos. 33-11304; 34-101023; 39-2556; IC-35322]</DEPDOC> <SUBJECT>Adoption of Updated EDGAR Filer Manual</SUBJECT> <HD SOURCE="HED">AGENCY:</HD> Securities and Exchange Commission. <HD SOURCE="HED">ACTION:</HD> Final rule. <SUM> <HD SOURCE="HED">SUMMARY:</HD> 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. EDGAR Release 24.3 will be deployed in the EDGAR system on September 16, 2024. </SUM> <EFFDATE> <HD SOURCE="HED">DATES:</HD> Effective October 22, 2024. The incorporation by reference of the revised Filer Manual is approved by the Director of the Federal Register as of October 22, 2024. </EFFDATE> <FURINF> <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD> For questions regarding the amendments to Volume II of the Filer Manual, please contact Rosemary Filou, Deputy Director and Chief Counsel, Jane Patterson, Senior Special Counsel, or Lidian Pereira, Senior Special Counsel, in the EDGAR Business Office at (202) 551-3900. For questions regarding the addition of the ability to include a co-registrant on a draft registration statement submission, please contact Robert Errett, Sean Harrison, or Joseph Lonergan in the Disclosure Management Office, in the Division of Corporation Finance at (202) 551-3225. For questions regarding filing Security-Based Swap Execution Facilities' Chief Compliance Officer reports, financial resource reports, and their respective amendments using Inline XBRL, please contact Michael Coe, Assistant Director, in the Division of Trading and Markets at (202) 551-4875. For questions regarding the addition of the XBRL Taxonomy for cybersecurity disclosures required to be included in Forms 6-K, 8-K, 10-K, and 20-F (and the variants 10-KT, 10-K/A, 10-KT/A, 20-F/A, 8-K/A, and 6-K/A), please contact the Office of Structured Disclosure in the Division of Economic and Risk Analysis at (202) 551-5494. </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> We are adopting an updated Filer Manual, Volume II: “EDGAR Filing,” Version 71 (September 2024) and amendments to 17 CFR 232.301 (“Rule 301”). The updated Filer Manual is incorporated by reference into the Code of Federal Regulations. <HD SOURCE="HD1">I. Background</HD> The Filer Manual contains information needed for filers to make submissions on EDGAR. Filers must comply with the applicable provisions of the Filer Manual in order to assure the timely acceptance and processing of filings made in electronic format. <SU>1</SU> <FTREF/> Filers must consult the Filer Manual in conjunction with our rules governing mandated electronic filings when preparing documents for electronic submission. <FTNT> <SU>1</SU>  See Rule 301 of Regulation S-T. </FTNT> <HD SOURCE="HD1">II. EDGAR System Changes and Associated Modifications to Volume II of the Filer Manual</HD> EDGAR is being updated in EDGAR Release 24.3 and corresponding amendments to Volume II of the Filer Manual are being made to reflect these changes, as described below. <SU>2</SU> <FTREF/> <FTNT> <SU>2</SU>  EDGAR Release 24.2 was deployed on July 1, 2024. </FTNT> <HD SOURCE="HD2">Allowance of Co-registrants in a Draft Registration Statement in Certain Circumstances</HD> On January 24, 2024, the SEC adopted rules related to initial public offerings by special purpose acquisition companies (“SPACs”) and subsequent business combination transactions between SPACs and private operating companies (“de-SPAC transactions”). <SU>3</SU> <FTREF/> Under the rules, the private operating company in a de-SPAC transaction would be, in some instances, a co-registrant for purposes of the registration statement filed in connection with the de-SPAC transaction. EDGAR will be updated to permit co-registrants in a draft registration submission. <FTNT> <SU>3</SU>  Special Purpose Acquisition Companies, Shell Companies, and Projections, Release No. 33-11265 (Jan. 24, 2024) [89 FR 14158 (Feb. 26, 2024)]. </FTNT> <HD SOURCE="HD2">Registered Security-Based Swap Execution Facilities' Chief Compliance Officer Reports and Financial Resource Reports Using Inline XBRL</HD> EDGAR will be updated to allow registered security-based swap execution facilities (“SBSEFs”) to file chief compliance officer reports and financial resource reports using Inline XBRL. Chief compliance officer reports and amendments will be filed as SBSEF-CCO-RPT and SBSEF-CCO-RPT/A submissions, respectively. Quarterly financial resource reports and amendments, and financial resource reports pursuant to Commission requests and amendments will be filed as SBSEF-FIN-QTR, SBSEF-FIN-QTR/A, SBSEF-FIN-REQ, and SBSEF-FIN-REQ/A submissions, respectively. <SU>4</SU> <FTREF/> <FTNT> <SU>4</SU>  Security-Based Swap Execution and Registration and Regulation of Security-Based Swap Execution Facilities, Release No. 34-98845 (Nov. 2, 2023) [88 FR 87156 (Dec. 15, 2023)]. </FTNT> <HD SOURCE="HD2">Addition of XBRL Taxonomy for Cybersecurity Disclosures</HD> EDGAR will be updated to allow filers to use the appropriate XBRL Taxonomy for cybersecurity disclosures required to be included in Forms 6-K, 8-K, 10-K, and 20-F (and the variants 10-KT, 10-K/A, 10-KT/A, 20-F/A, 8-K/A, and 6-K/A). <SU>5</SU> <FTREF/> <FTNT> <SU>5</SU>  Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure, Release No. 33-11216 (July 26, 2023) [88 FR 51896 (Aug. 4, 2023)]. </FTNT> <HD SOURCE="HD2">Removal of the Index From Volume II of the EDGAR Filer Manual</HD> Volume II of the Filer Manual will be updated to remove the Index. Filers may continue to use the Table of Contents which links directly to chapters and topics, and the document search function of this online manual. <HD SOURCE="HD1">III. Amendments to Rule 301 of Regulation S-T</HD> Along with the adoption of the updated Filer Manual, we are amending Rule 301 of Regulation S-T to provide for the incorporation by reference into the Code of Federal Regulations of the current revisions. This incorporation by reference was approved by the Director of the Federal Register in accordance with 5 U.S.C. 552(a) and 1 CFR part 51. The updated EDGAR Filer Manual is available at <E T="03">https://www.sec.gov/edgar/filerinformation/current-edgar-filer-manual.</E> <HD SOURCE="HD1">IV. Administrative Law Matters</HD> Because the Filer Manual and rule amendments relate solely to agency procedures or practice and do not substantially alter the rights and obligations of non-agency parties, publication for notice and comment is not required under the Administrative Procedure Act (“APA”). <SU>6</SU> <FTREF/> It follows that the amendments do not require analysis under requirements of the Regulatory Flexibility Act  <SU>7</SU> <FTREF/> or a report to Congress under the Small Business Regulatory Enforcement Fairness Act of 1996. <SU>8</SU> <FTREF/> <FTNT> <SU>6</SU>  5 U.S.C. 553(b)(A). </FTNT> <FTNT> <SU>7</SU>  5 U.S.C. 601 through 612. </FTNT> <FTNT> <SU>8</SU>  5 U.S.C. 804(3)(c). </FTNT> The effective date for the updated Filer Manual and related rule amendments is October 22, 2024. In accordance with the APA, <SU>9</SU> <FTREF/> we find that there is good cause to establish an effective date less than 30 days after publication of these rules. The Commission believes that establishing an effective date less than 30 days after publication of these rules is necessary to coordinate the effectiveness of the updated Filer Manual with the related system upgrades. <FTNT> <SU>9</SU>  5 U.S.C. 553(d)(3). </FTNT> <HD SOURCE="HD1">V. Statutory Basis</HD> We are adopting the amendments to Regulation S-T under the authority in sections 6, 7, 8, 10, and 19(a) of the Securities Act of 1933, <SU>10</SU> <FTREF/> sections 3, 12, 13, 14, 15, 15B, 23, and 35A of the Securities Exchange Act of 1934, <SU>11</SU> <FTREF/> section 319 of the Trust Indenture Act of 1939, <SU>12</SU> <FTREF/> and sections 8, 30, 31, and 38 of the Investment Company Act of 1940. <SU>13</SU> <FTREF/> <FTNT> <SU>10</SU>  15 U.S.C. 77f, 77g, 77h, 77j, and 77s(a). </FTNT> <FTNT> <SU>11</SU>  15 U.S.C. 78c, 78 <E T="03">l,</E> 78m, 78n, 78 <E T="03">o,</E> 78 <E T="03">o</E> -4, 78w, and 78 <E T="03">ll.</E> </FTNT> <FTNT> <SU>12</SU>  15 U.S.C. 77sss. </FTNT> <FTNT> <SU>13</SU>  15 U.S.C. 80a-8, 80a-29, 80a-30, and 80a-37. </FTNT> <LSTSUB> <HD SOURCE="HED">List of Subjects in 17 CFR Part 232</HD> Incorporation by reference, Reporting and recordkeeping requirements, Securities. </LSTSUB> <HD SOURCE="HD1">Text of the Amendments</HD> In accordance with the foregoing, title 17, chapter II of the Code of Federal Regulations is amended as follows: <HD SOURCE="HED">PART 232—REGULATION S-T—GENERAL RULES AND REGULATIONS FOR ELECTRONIC FILINGS </HD> <REGTEXT TITLE="17" PART="232"> 1. The general authority citation for part 232 continues to read as follows: <HD SOURCE="HED">Authority: </HD> 15 U.S.C. 77c, 77f, 77g, 77h, 77j, 77s(a), 77z-3, 77sss(a), 78c(b), 78 <E T="03">l,</E> 78m, 78n, 78n-1,78 <E T="03">o</E> (d), 78w(a), 78 <E T="03">ll,</E> 80a-6(c), 80a-8, 80a-29, 80a-30, 80a-37, 7201 <E T="03">et seq.;</E> and 18 U.S.C. 1350, unless otherwise noted. <STARS/> </REGTEXT> <REGTEXT TITLE="17" PART="232"> 2. Section 232.301 is revised to read as follows: <SECTION> <SECTNO>§ 232.301</SECTNO> <SUBJECT>EDGAR Filer Manual.</SUBJECT> Filers must prepare electronic filings in the manner prescribed by the EDGAR Filer Manual, promulgated by the Commission, which sets forth the technical formatting requirements for electronic submis ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Preview showing 10k of 12k characters. Full document text is stored and available for version comparison. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━