Prepare for the Transition to EDGAR Next: Important Time for Filers

unt administrator will be responsible for managing accounts, making SEC filings, and providing annual confirmations on behalf of the filer. It is crucial for individuals who will be managing accounts and making SEC filings on behalf of a filer to obtain Login.gov credentials before March 24, 2025.

The SEC’s webpage dedicated to EDGAR Next contains detailed information on the logistics of the transition and how the EDGAR Next system will function. Additionally, upcoming webinars will provide valuable insight into the transition process:

– Broadridge Financial Solutions will host a 30-minute webinar on February 25, 2025, at 1 p.m. EST to assist filers in navigating the transition to EDGAR Next.
– The Society for Corporate Governance will host a one-hour webinar on February 27, 2025, at 3 p.m. EST to discuss how companies can prepare for the transition to EDGAR Next.

Our team at Skadden will continue to monitor developments regarding the EDGAR Next transition and provide any additional helpful information as it becomes available. It is essential to note that this memorandum is provided by Skadden, Arps, Slate, Meagher & Flom LLP and its affiliates for educational and informational purposes only, and it should not be construed as legal advice.

As the deadline for the transition to EDGAR Next approaches, it is imperative for existing SEC filers to ensure that their EDGAR filing codes are verified before March 24, 2025. By confirming these codes early on, filers can streamline the process of transitioning to the new system. Additionally, filers should designate an account administrator who will be responsible for managing accounts, submitting SEC filings, and providing annual confirmations on behalf of the filer.

Individuals who will be tasked with managing accounts and submitting SEC filings on behalf of a filer should make it a priority to obtain Login.gov credentials before the deadline. This will ensure that they have the necessary permissions and access to smoothly transition to the EDGAR Next platform. The SEC’s dedicated webpage for EDGAR Next offers valuable information on how the transition will take place and the functionalities of the new system.

In an effort to further assist filers during this transition period, several webinars have been scheduled to provide guidance and support:

– Broadridge Financial Solutions will host a 30-minute webinar on February 25, 2025, at 1 p.m. EST to help filers navigate the transition process.
– The Society for Corporate Governance will host a one-hour webinar on February 27, 2025, at 3 p.m. EST to discuss preparations for the transition to EDGAR Next.

Continued monitoring of developments related to EDGAR Next by our Skadden team will ensure that filers stay informed and receive any additional assistance they may need. This memorandum serves as a reminder that it is essential for filers to prepare for the impending transition to EDGAR Next and take the necessary steps to ensure a smooth onboarding process.