As Novaworks has released new versions our software throughout the years, our support team frequently are asked about the Office of Management and Budget (or “OMB”) date that appears on the proof for certain forms. This OMB information changes periodically, and, while it isn’t filed to EDGAR with your form data, it has raised questions from filers about what the OMB information is and why it doesn’t always appear up to date.

On January 25, 2016, EDGAR 16.0.1 was released by the Securities and Exchange Commission. This release
contained new EDGAR forms and some minor updates to the specification for Form N-MFP1.

In December, the SEC proposed new rules that would allow registered investment companies, including mutual funds, and business development companies to engage in derivative transactions, provided such companies meet certain conditions. The increased growth and complexity of derivatives markets and the increased use of derivatives by certain funds has caused the SEC to review the current regulations for derivatives in the Investment Company Act.

The Section 16 EDGAR forms are fairly straightforward for filers and preparers, but sometimes you can run into something a little out of the ordinary and have questions about how to file it. We’ve compiled a list of the five most common questions our support team is asked about Section 16 to help you confidently prepare the more unusual Section 16 filings.

A new “end of life” upgrade notification will be delivered to Windows users by Microsoft on January 12, 2016. This upgrade notification will inform users that technical support and security updates for Internet Explorer will only be available for the most current version of Internet Explorer for each supported operating system.