Proposed SEC Rule and Form Amendments Aim to Enhance Security and Improve Filer Access to EDGAR System

The US Securities and Exchange Commission (SEC) is proposing new rules and forms to improve the management of accounts on their EDGAR system. These changes would require all EDGAR filers to authorize specific individuals as being responsible for managing EDGAR accounts, who would then need individual credentials to access and file EDGAR paperwork. The SEC has also announced that it will open to the public a beta software environment for filer testing and feedback including proposed rules and technical changes related to the rule and form amendments. This Beta version includes a set of Application Programming Interfaces (APIs) that enhances submission and retrieval capabilities. Comments on the proposal will be accepted until 60 days after its publication in the Federal Register.