On June 2nd, the SEC's Division of Economic and Risk Analysis (DERA) published an analysis of custom tags used in XBRL filings submitted by issuers to comply with the 2009 Interactive Data tagging rules that require financial statement information to be reported in XBRL, a structured, machine-readable format. DERA observed trends in filers' use of custom tags in their XBRL exhibits submitted in Forms 10-K and 10-K/A using US GAAP for fiscal years 2022 through 2024. The analysis of these forms indicates a decrease in average custom tag rate for filings across all filer status, while the large accelerated filer category rate remained flat during that period. Continue reading "SEC Publishes US GAAP–XBRL Custom Tags Trend..." »

The SEC has announced that members of its staff will discuss whether to consider action relating to the compliance date for the amendments to Form PF, which is the confidential reporting form for certain SEC-registered investment advisers to private funds. This includes advisers also registered with the Commodity Futures Trading Commission as a commodity pool operator or commodity trading adviser. The meeting will take place on Wednesday, June 11, 2025, at 1:00 p.m. ET and is open for the public to attend via live webcast on sec.gov. Continue reading " SEC Staff to Discuss Revising Form PF..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: "EDGAR Filing" (Version 76) to prepare issuers for potential updates to the EDGAR system scheduled to be implemented in EDGAR Release 25.2.2 on September 15, 2025. The SEC also issues this draft of the EDGAR Filer Manual to solicit comment from the financial reporting community. Continue reading "SEC Issues Current Draft for Release 25.2.2 of..." »

The SEC has announced that it will host the roundtable, "DeFi and the American Spirit", on June 9th, from 1:00 p.m. to 5:00 p.m. ET. The roundtable panel will gather industry experts to discuss important matters concerning crypto asset regulation. The event, which will feature a town hall segment, is open for the public to attend via live broadcast on the SEC's website. Continue reading " SEC to Hold Crypto Task Force Roundtable: DeFi..." »

The SEC has released its draft of the EDGAR® Filer Manual, Volume II: EDGAR Filing (Version 75) to prepare issuers for potential updates to the EDGAR system scheduled to be introduced in EDGAR Release 25.2 on June 16, 2025. The SEC also issues this draft of the EDGAR Filer Manual to solicit comment from the financial reporting community. Continue reading "SEC Issues Current Draft for Release 25.2 of..." »

The SEC's Investor Advisory Committee will hold an open meeting via live webcast on sec.gov that will take place on Thursday, June 5, 2025, from 10:00 a.m. to 4:45 p.m. ET. The meeting is free and open 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..." »

The SEC will be closed Monday, May 26th 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 26th 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 26th. Continue reading "Memorial Day" »

The SEC's Division of Investment Management has announced that it will host its 2025 Conference on Emerging Trends in Asset Management at which the Division will convene a variety of asset management industry participants, regulators, commentators, and academics to discuss emerging trends in the industry. The conference takes place on Thursday, June 5, 2025, from 9:00 a.m. to 4:30 p.m. ET, and is open for the public to attend. No registration is required for those attending the event via live broadcast on sec.gov. Continue reading "SEC Staff to Hold 2025 Conference on Emerging..." »

On May 16th, the SEC's Division of Corporation Finance released a group of Compliance and Disclosure Interpretations (C&DIs), which represent updates to the Division's interpretations of Section 112. Form SF-1, Asset-Backed Securities. Continue reading "SEC Releases Additional Compliance and..." »

On May 14th, the SEC's Office of Public Affairs determined that certain masked data fields on the publicly available reports on Form N-PORT submitted between February 3, 2025, and May 8, 2025, were inadvertently made public on the SEC's EDGAR system. The unmasking occurred as a result of a software update effective February 3, 2025. The masking error has since been rectified and did not affect Form N-PORT filings submitted after May 8, 2025. Continue reading "SEC Releases Statement on Certain Form N-PORT Data" »

The Federal Energy Regulatory Commission's (FERC) staff will hold its monthly open meeting via webcast on ferc.gov on Thursday, May 15, 2025, beginning at 10:00 a.m. ET. The staff will be addressing topics and matters including the following categories: administrative, electric, and hydro. Continue reading "FERC to Hold Open Commission Meeting" »

The XBRL US Center for Data Quality has published Version 27 of DQC rules and guidance for public review and comment. The release includes seven automated checks and rule updates for filers using the US GAAP and IFRS taxonomies from Tuesday, April 14, 2025, through Saturday, May 31, 2025. Continue reading "XBRL US Issues Version 27 of DQC Rules,..." »

On April 30th, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would provide accounting guidance for debt exchange transactions with multiple creditors. The proposed ASU is based on a recommendation of the Emerging Issues Task Force (EITF), which aids the FASB in improving financial reporting through the timely identification, discussion, and resolution of financial accounting issues within the framework of the FASB Accounting Standards Codification. Continue reading "FASB Issues Proposal to Enhance Accounting for..." »

The SEC has announced that its Crypto Task Force will host the roundtable, "Tokenization - Moving Assets Onchain: Where TradFi and DeFi Meet." The event will take place on May 12th, from 1:00 p.m. to 5:00 p.m. ET, and is free for the public to attend via live broadcast on sec.gov. Continue reading " SEC to Hold Crypto Task Force Roundtable..." »

On April 25th, the SEC's Division of Corporation Finance released a group of Compliance and Disclosure Interpretations (C&DIs), which represent the Division's interpretations of the Exchange Act Rules. Continue reading "SEC Publishes Additional Compliance and..." »