Adoption of Updated EDGAR Filer Manual

<RULE> SECURITIES AND EXCHANGE COMMISSION <CFR>17 CFR Part 232</CFR> <DEPDOC>[Release Nos. 33-11378; 34-103258; 39-2561; IC-35636]</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. Certain updates reflect and identify changes to EDGAR made in connection with EDGAR Release 25.2. Additional updates reflect and identify changes to EDGAR made in connection with the Commission's September 27, 2024 EDGAR Filer Access and Account Management rulemaking (“EDGAR Next”). </SUM> <EFFDATE> <HD SOURCE="HED">DATES:</HD> <E T="03">Effective date:</E> This rule is effective July 1, 2025, except instruction 3, which is effective September 15, 2025. <E T="03">Incorporation by reference:</E> The incorporation by reference of a certain publication listed in this final rule is approved by the Director of the Federal Register as of July 1, 2025. The incorporation by reference of a certain other publication listed in this final rule is approved by the Director of the Federal Register as of September 15, 2025. </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, Laurita Finch, Senior Special Counsel, or Dan Chang, Senior Special Counsel, in the EDGAR Business Office at (202) 551-3900. For questions regarding Open-end Fund Liquidity Risk Management Amendments and Guidance, please contact Heather Fernandez (202) 551-6708 or Gregory Jaffray (202) 551-6717 in the Division of Investment Management. For questions regarding filers' transition to access EDGAR Next, please contact Filer Support in the EDGAR Business Office at (202) 551-8900 and select option “2.” </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> We are adopting updated versions of the Filer Manual, Volume II: “EDGAR Filing,” Version 75 (June 2025) and Version 76 (effective September 15, 2025) and amendments to 17 CFR 232.301, Rule 301 of Regulation S-T. We are adopting Version 76 (effective September 15, 2025) at this time as a courtesy providing filers an approximate 90-day preview of significant EDGAR Next related updates in advance of the September 15, 2025 compliance date. These versions of the updated Filer Manual are incorporated by reference into the Code of Federal Regulations as indicated above. <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>   <E T="03">See</E> Rule 301 of Regulation S-T. </FTNT> <HD SOURCE="HD1">II. Recommended Revisions to Volume II of the Filer Manual</HD> EDGAR will be updated in EDGAR Release 25.2 to reflect changes related to the Form N-CEN schema and online application, several errata adjustments, and removal of outdated general technical language. The Commission is approving corresponding amendments to Volume II of the Filer Manual to reflect these changes, which will be published as Version 75 of Volume II. EDGAR will also be updated on September 15, 2025, to fully implement the Commission's EDGAR Next rulemaking, <SU>2</SU> <FTREF/> compliance with which is required September 15, 2025. These changes to the Filer Manual will be published as Version 76 of Volume II and effective on the EDGAR Next compliance date, September 15, 2025. <FTNT> <SU>2</SU>   <E T="03">See</E> EDGAR Filer Access and Account Management, Release No. 33-11313 (Sept. 27, 2024) [89 FR 106108 (Dec. 27, 2024)]. </FTNT> <HD SOURCE="HD2">A. Version 75 of Filer Manual Volume II: Amendments Related to Form N-CEN, Removal of Submission Types N-PX and N-PX/A From EDGARLink Online, and Certain Errata Changes</HD> <HD SOURCE="HD3">Form N-CEN Schema and Online Application Adjustments</HD> In August 2024, the Commission adopted reporting amendments and provided guidance related to open-end fund liquidity risk management program requirements on Form N-PORT and Form N-CEN. <SU>3</SU> <FTREF/> EDGAR will be updated in Release 25.2 to support changes to the schema for Form N-CEN and the online application to permit filers to comply with the following new requirements: <FTNT> <SU>3</SU>   <E T="03">See</E> Form N-PORT and Form N-CEN Reporting; Guidance on Open-End Fund Liquidity Risk Management Program, Release No. IC-35308 (Aug. 28, 2024) [89 FR 73764 (Sept. 11, 2024)]. </FTNT> • Addition of new Item C.22 Liquidity Classification Services. • Addition of new RSSD ID and other identifying number fields throughout the Form. Previously, certain LEI fields on the Form permitted filers to report either an LEI, RSSD ID, or, in some cases, other identifying number in the same field. This release separates LEI, RSSD ID, and other identifying number into different fields. • The specific items that will be modified are: B.16.a.iv, B.17.c, C.5.b.ii, C.6.c.ii, C.6.c.v.2, C.6.d.ii, C.9.a.iv, C.9.b.iv, C.9.c.iv, C.9.d.iv, C.10.a.iii, C.11.a.ii, C.12.a.ii, C.13.a.ii, C.14.a.ii, C.15.d, C.16.a.iv, C.17.a.iv, D.12.a.iv, D.12.b.iv, D.12.c.iv, D.12.d.iv, D.13.a.iii, D.14.a.ii, E.2.d, F.1.c, F.2.a.ii, and F.4.c. Moreover, EDGAR will not enforce field length validations for the LEI field at this time to enable filers to continue to upload and submit submissions according to their current process without generating an error message. Beginning November 17, 2025, however, filers will be expected to report the appropriate identifier in the appropriate field and EDGAR will enforce specific validations for each of these fields when an entry is provided. LEI will require a 20-character alphanumeric response or “N/A.” RSSD ID will require a numerical response of up to 10 digits or “N/A.” Other identifying numbers will be limited to 100 characters, but also will require the filer to provide a description of up to 500 characters. Submissions with entries that do not meet these criteria will not be accepted. <HD SOURCE="HD3">Removal of Submission Types N-PX and N-PX/A From EDGARLink Online</HD> The EDGARLink Online interface will remove inoperable links to the following submission types: N-PX and N-PX/A. Since July 1, 2024, filers have been required to make these submissions in a structured format created by either using the online version available on the EDGAR Filing website, or constructed by filers according to the “EDGAR Form N-PX XML Technical Specification” document. Select references to Form N-PX and its variants will be removed from the Filer Manual, Volume II, Chapter 7 (Preparing and Transmitting EDGARLink Online Submissions). <HD SOURCE="HD3">Errata Changes</HD> The location of payment instructions on <E T="03">SEC.gov</E> has changed. Filers may obtain the FEDWIRE Instructions under the “Filing Fee Registrants” section of the “Payment Options” web page on <E T="03">SEC.gov</E> at <E T="03">https://www.sec.gov/about/payment-options.</E> Submission form type N-CR and N-CR/A must be removed from the list of submission form types that may be filed through EDGAR Link Online; that form type should now be filed through the EDGAR Filing website. To correct a typographical error in Volume II, Chapter 3, Index to Forms and Submission Types, the SBSE Dispute Notice should be revised to read SBS Dispute Notice (removing the “E”). To correct a typographical error in Volume II, Chapter 6, Interactive Data, Table 6-18, the entry point required for spac-proj should be revised to read spac-despac. To increase clarity for filers, we are also updating the instructions in Volume II, Chapter 8, Preparing and Transmitting Online Submissions, regarding how to prepare and submit online submissions for Schedule 13D and Schedule 13G to reflect language that currently appears in the online instructions to those schedules. Certain web page titles were corrected to conform to the recent revisions to the <E T="03">SEC.gov</E> website. <HD SOURCE="HD3">Removal of Outdated Technical Language</HD> Volume II of the Filer Manual contains several outdated generic references, explaining for example the nature of the internet and other basic issues that were novel in the time period that the Filer Manual was initially adopted. The Commission has completely revised Volume I to streamline it and remove such references. The Commission now seeks to remove such antiquated language from Volume II. For example, we are removing sentences such as: “The SEC accepts electronic submissions through the internet,” “The EDGAR system is comprised of a number of large computers that receive filings submitted by entities,” “Many people have become familiar with HTML since they have used the internet,” and “Browsers have very similar navigation functions. . . .” <HD SOURCE="HD2">B. Version 76 of Filer Manual Volume II: EDGAR Next</HD> On September 27, 2024, the Commission adopted the EDGAR Next rule and form amendments related to EDGAR filer access and account management. <SU>4</SU> <FTREF/> As part of the EDGAR Next rulemaking, the Commission approved changes to Volume I of the Filer Manual to be effective March 24, 2025, and indicated that it expected to adopt changes to Volume II of the Filer Ma ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Preview showing 10k of 19k characters. Full document text is stored and available for version comparison. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━