On December 9, 2020, the Securities and Exchange Commission (SEC) announced the release of EDGAR 20.4, a software upgrade that became effective December 14, 2020.
With this update, new submission form types will be accessible from the “EDGARLink Online Form Submission” on the EDGAR Filing website. Filers will also be able to construct XML submissions from the “EDGARLink Online XML Technical Specification” document available at the SEC’s website.
On April 8, 2020, the SEC adopted rules to modify the registration, communication, and offering process for business development companies (BDCs) and registered closed-end investment companies (CEFs). As a result, EDGAR will be updated with the following changes:
Due to the modification of BDC and CEF reporting, issuers are now required to disclose if they acquired an internal control over financial reporting (ICFR) auditor attestation on their 10-K, 20-F, and 40-F Forms effective April 27, 2020. The auditor attestation disclosure will come in the form of a check box on the cover page that is linked to an EDGAR XBRL validation of ICFR auditor attestation flag “IcfrAuditorAttestationFlag.'' In addition, this update will permit filers to identify subsidiaries that provide guarantees on the Regulation A form types effective January 4, 2021.
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