Understanding EDGAR Next: Key Information You Should Know
As of September 27, 2024, the Securities and Exchange Commission (SEC) made revisions to its Electronic Data Gathering, Analysis, and Retrieval system (EDGAR), the platform through which organizations submit filings under federal securities laws. These changes aim to bolster system security, enhance account management for filers, and modernize connections to EDGAR. All EDGAR filers, spanning public companies, Sections 13 and 16 filers, and their representatives (Required Filers), will be impacted and necessitate adjustments to their existing EDGAR accounts. This technical overhaul enacted by the SEC is denoted as “EDGAR Next.”
This publication outlines the modifications mandated by EDGAR Next and elucidates the steps each Required Filer must undertake. Commencing today, March 24, 2025, the enrollment initiation for EDGAR Next commences. Adherence to the novel EDGAR Next filing prerequisites commences on September 15, 2025.
Key Dates for Compliance
– March 24, 2025—Required Filers are eligible to commence enrollment in EDGAR Next. Full compliance with the new EDGAR Next filing criteria is stipulated to begin on September 15, 2025.
EDGAR Next brings forth advanced login functionalities and authentication measures. Moreover, the system now necessitates the yearly verification of account specifics by designated account administrators. Conforming to the fresh filing protocols becomes obligatory from September 15, 2025. Continuing EDGAR account access for existing filers mandates enrollment completion by December 19, 2025.
To encapsulate, the alterations ushered in by EDGAR Next harbor pivotal implications for EDGAR filers. By embracing the requisite modifications, entities can align with the evolving regulatory landscape and fortify their EDGAR compliance mechanisms.
