Understanding the Implications of the SEC’s Proposed EDGAR Next Amendments

By | 12/06/2023 | 6:51 am ET

The Securities and Exchange Commission (SEC) has proposed significant changes to the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, known as EDGAR Next. These amendments aim to enhance security and streamline the filing process for users. However, they also bring forth new challenges and potential costs for filers. What are the implications that filers need to know? Overview of the Proposed EDGAR Next Updates The proposed EDGAR Next updates…

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How Long After a Form S-1 Does It Take a Company to IPO?

By | 11/15/2023 | 6:57 am ET

When a company decides to go public, the Form S-1 is the initial registration form they file with the U.S. Securities and Exchange Commission (SEC). It contains detailed information about the company’s business operations, financial condition, and plans for the raised capital. The timeline from filing Form S-1 to an Initial Public Offering (IPO) can vary significantly based on several factors.The general process of an IPO includes: Preparation and Filing…

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XBRL – Covered Forms

By | 06/26/2023 | 2:01 pm ET

The world of financial data reporting and analysis is undergoing a revolutionary change, thanks to the arrival of Inline XBRL, or iXBRL. This standardized language for electronic communication of business and financial data is reshaping how companies, governments, and other organizations record, store, and transmit their financial information. Companies listed on stock exchanges throughout the United States need to be familiar with iXBRL and its requirements. What is iXBRL? Inline…

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What is SEC Form PX14A6G and why do you need to file?

By | 05/17/2023 | 3:14 am ET

As an investor or business owner, it’s important to do your due diligence and understand what documents you need to file with the Securities and Exchange Commission (SEC). One such document is SEC Form PX14A6G. This form is used to communicate with other shareholders and board members about matters related to corporate governance. The purpose of the form is to give shareholders a voice in corporate decision-making, providing them with…

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The SEC Adopts JOBS Act Inflation Adjustments

By | 09/23/2022 | 10:06 am ET

Recently, the Securities and Exchange Commission announced they had adopted amendments to some of its rules to implement inflation adjustments. These adjustments are required in accordance with the Jumpstart Our Business Startups, or JOBS, Act. Under this law, the SEC is required to make specific inflation adjustments to rules under the JOBS Act at least once every five years. These changes will come into effect when they are published on…

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What is the Form ID?

By | 08/26/2022 | 9:18 am ET

If you need to submit documents to the SEC, you must first file a Form ID Application, which is also the main application for your online EDGAR account. If you do not have a Form ID, you will have a difficult time submitting documents to the Securities and Exchange Commission. If you cannot find your Form ID or need to create a Form ID with the SEC, we can help you…

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Electronic Filing Now Required for Investment Advisers and Managers, Says SEC

By | 07/08/2022 | 10:42 am ET

There has been a lot of discussion recently about steps that the SEC can take to make life easier for investors and investment managers. Now, they have done exactly that. Certain documents will be required to be submitted or filed electronically. These amendments will impact specific groups, including investment advisers and institutional investment managers. The goal is to make life easier for these parties by modernizing and bringing the SEC…

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SEC Proposes Rule Amendments to Modernize Beneficial Ownership Reporting

By | 02/19/2022 | 8:46 am ET

One of the hot topics in the financial markets recently has been transparency. Right now, a lot of shareholders feel like they have been left in the dark, as it can be hard for them to figure out what to do with their securities and investments. Now, the Securities and Exchange Commission (SEC) has proposed changes that would modernize certain reporting areas to increase transparency. With more transparency, investors will have…

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Regulation A (Reg A+) Forms List and SEC Filing Deadlines

By | 10/25/2021 | 8:26 am ET

Are you looking for an exemption to certain public offerings? If so, then you need to be familiar with SEC Regulation A and the Reg A forms you need to file. Recently Regulation A was updated, creating a two-tier system for security offerings. Companies in Tier 1 can rise up to $20 million in a period of 12 months, and companies in Tier 2 can offer up to $75 million in…

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