SEC amendments modernize submission of certain forms, filings

The Securities and Exchange Commission recently adopted amendments that specify how submissions are made with the commission.

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The amendment requires broker-dealers, clearing agencies, national securities associations, national securities exchanges, security-based swap dealers, and major security-based swap participants submit certain forms, filings, and other documents electronically. Registrants will use the commission’s EDGAR system to make filings and submissions electronically, or they can post them online or in structured data format where appropriate.

Previously, forms, filings, or other materials were submitted by paper.

“Today’s amendments build on more than 20 years of commission actions to modernize filing and recordkeeping requirements,” SEC Chairman Gary Gensler said. “I’m pleased that the commission has taken the next step towards updating our requirements for the digital age.”

The commission also adopted amendments to make technical corrections and provide clarifications regarding the Financial and Operational Combined Uniform Single Report, and to harmonize the report findings with other rules and forms.

The amendments will be published in the Federal Register and will go into effective 60 days later. Compliance dates for the amendments range from 60 days after publication in the Federal Register to on or after June 30, 2028.

The amendments also are published on the SEC’s website.