On March 24th, the Federal Energy Regulatory Commission (FERC) announced that it approved the October 2023 rule proposal that would adopt eXtensible Business Reporting Language-Comma-Separated Values (XBRL‑CSV) as the standard for filing the Electric Quarterly Report (EQR). The new system is intended to modernize and simplify data collection, enhance data quality, improve market disclosure practices, and reduce long‑term compliance costs. The new rule is the most substantial update to the EQR system since its inception in 2002, when it was founded with the purpose of improving the efficacy, adaptability, and transparency of reporting for all market participants. Continue reading "FERC Adopts Rule to Modernize EQR Filing System" »

On March 16th, the SEC announced that it is adopting amendments to Volumes I and II of the EDGAR system Filer Manual and related rules and forms. EDGAR Release 26.1 is effective in the EDGAR system as of March 16, 2026. Continue reading "SEC Adopts Updated EDGAR Filer Manual" »

On March 16th, the SEC proposed amendments to update Exchange Act Rule 15c2-11, a rule that regulates certain information gathering and review requirements that brokers and dealers that publish quotations for, or maintain a continuous quoted market in, securities in the over-the-counter (OTC) market. Adopted in 1971, Rule 15c2-11’s framework was designed to prevent certain manipulative and fraudulent trading schemes in the OTC equity markets Continue reading "SEC Proposes Amendments to Rule Regulating..." »

On March 17th, the Federal Energy Regulatory Commission (FERC) announced that due to taxonomy changes adopted in Version 2025-04-01 (pertaining to Order No. 898), it has provided guidance in the latest eForms update to help filers preparing to submit the 2025 FERC Form No. 1. Continue reading "FERC Announces Latest eForms Refresh" »

To help filers navigate recent unexpected changes made by the SEC concerning the EDGAR 26.1 release, more specifically, Section 16 filing, Novaworks has provided a patch for GoFiler version 6.5a. Continue reading "Interim Release of GoFiler (6.5a Patch B)" »

The Federal Energy Regulatory Commission’s (FERC) staff will hold its monthly open meeting via webcast on ferc.gov on Thursday, March 19, 2026, at 10:00 a.m. ET. The one-hour meeting is open for the public to attend. Continue reading "FERC to Hold Open Commission Meeting" »

XBRL US’ Data Quality Committee (DQC) will host an online meeting for industry leaders to discuss plans to implement rules and guidance for public companies complying with the SEC’s XBRL requirements. The webinar will take place on Wednesday, March 18th, and will begin at 10:00 a.m. Eastern. Continue reading "XBRL US Staff to Host Data Quality Committee..." »

GoFiler software is applying the Section 16 changes under EDGAR 26.1 slated for March 18th a day early. We have applied a fix for this issue, however, users that wish to file Section 16 now may either: Continue reading "Section 16 Filing Hot Fix Now Available" »

On March 16, 2026, EDGAR Release 26.1 implemented updates to the EDGAR Filing Website. Continue reading "EDGAR Release 26.1" »

In anticipation of the SEC’s rule changes for Section 16 reporting for foreign private issuers, filers may be looking for ways to prepare ahead of the official EDGAR 26.1 release. To facilitate the transition, Novaworks has released a beta version of GoFiler, which is currently available to GoFiler Complete users who would benefit from a testing environment. Continue reading "Getting Ready for EDGAR 26.1: Using GoFiler..." »

On March 11th, XBRL US hosted a webinar to review and discuss matters related to financial reporting for Special Purpose Acquisition Companies (SPACs). The session featured an overview of the related final rule, a demonstration of XBRL tagging requirements for SPACs, and a review of SPAC filings submitted to date. Continue reading "XBRL US Webinar on XBRL Reporting for Special..." »

On March 9th, the staff of the SEC’s Division of Corporation Finance published a list of answers to FAQs concerning the implementation of the Holding Foreign Insiders Accountable Act (HFIA Act). The list of responses addresses the obligations of directors and officers of foreign private issuers with a class of equity securities registered under Section 12 of the Exchange Act and which are preparing for their first filings under Section 16(a) of the Exchange Act as a result of the effectiveness of the HFIA Act. On December 18, 2025, the President signed into law the HFIA Act, which will be effective on March 18, 2026. Continue reading "SEC Answers Popular Inquiries with FAQs..." »

XBRL US will present a webinar to discuss matters related to financial reporting for Special Purpose Acquisition Companies (SPACs). The one-hour event takes place Wednesday, March 11, 2026, at 3 p.m. Eastern. The session will feature a review of the final rule, a demonstration of XBRL tagging requirements for SPACs, and an overview of SPAC filings submitted to date. Continue reading "XBRL US to Hold Webinar on Reporting for..." »

On February 27th, the SEC voted to approve final rule and form amendments under the Exchange Act that reflect recently adopted requirements under the Holding Foreign Insiders Accountable Act (HFIA), which enhance transparency into the holdings and transactions of officers and directors of foreign private issuers (FPIs). Pursuant to the HFIA, Section 16(a) was amended to require directors and officers of FPIs with a class of equity securities registered under Section 12 of the Exchange Act to disclose their holdings and transactions in the FPI’s equity securities Continue reading "SEC Approves Rule Amendments for Holding..." »