On January 29th, the Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) jointly extended the compliance date for the amendments to Form PF. Adopted on February 8, 2024, this is the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as commodity pool operators (CPOs) or commodity trading advisers (CTA). Continue reading "SEC, CFTC Announce Extension of Form PF..." »

The Municipal Securities Rulemaking Board (MSRB) has released its fiscal year 2024 annual report, which provides an overview of the organization’s regulatory initiatives, operational performance, financial position, and the progress made in advancing the FY 2022–2025 Strategic Plan. The report highlights the MSRB’s ongoing efforts to enhance market transparency, streamline regulation, and engage stakeholders in promoting a fair and efficient municipal securities market. The annual report also includes audited annual financial statements for the fiscal year that ended September 30, 2024. Continue reading "MSRB Issues 2024 Annual Report and Audited..." »

The Municipal Securities Rulemaking Board (MSRB) has published its annual notice establishing the criteria for designating participants for its mandatory business continuity and disaster recovery testing consistent with the Regulation Systems Compliance and Integrity (Regulation SCI), adopted by the SEC under the Securities Exchange Act of 1934. Continue reading "MSRB Releases Notice on Mandatory Participation..." »

On January 22nd, the Financial Accounting Standards Board (FASB) released for public review and comment a proposed Accounting Standards Update (ASU), focused on improvements to the FASB Accounting Standards Codification. The proposed ASU is issued as part of the FASB’s technical agenda project to make gradual enhancements to the GAAP taxonomy. Continue reading "FASB Releases Proposed ASU on Codification..." »

The Financial Accounting Standards Board (FASB) has released for public review and comment proposed GAAP Taxonomy Improvements for the proposed Accounting Standards Update (ASU) on Topic 818, Environmental Credits and Environmental Credit Obligations, along with related release notes. Continue reading "FASB Staff Releases Proposed GAAP Taxonomy..." »

Both the SEC and the FERC will be closed Monday, January 20, 2025, in observation of both the Birthday of Martin Luther King, Jr., and Inauguration Day. The EDGAR System will not receive, process or accept filings on that day. Filings with a due date of January 20th will be due the following business day, Tuesday, January 21st. eForms will accept filings submitted on January 20th. {expires: 2025-01-21} Continue reading "Birthday of Martin Luther King, Jr. and..." »

In December 2024, the SEC published its semi-annual report to Congress regarding public and internal use of machine-readable data for corporate disclosures, in compliance with the Financial Data Transparency Act of 2022 (FDTA) signed into law on December 23, 2022. The FDTA requires the SEC to submit this report to both the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives every 180 days through December 23, 2029, when the provision requiring the report concludes. Continue reading "SEC Staff Issues Semi-Annual Report to Congress..." »

On January 7th, the SEC announced that it is amending rules that would require electronic filing or submission of certain forms that must be filed with or submitted to the SEC pursuant to the Securities Exchange Act and the rules and regulations under the Exchange Act. These changes apply to certain forms filed or submitted by self-regulatory organizations (SROs). Continue reading "SEC Releases Draft of New Derivatives..." »

Pursuant to an executive order issued by President Biden, the SEC will be closed on Thursday, January 9, 2025, in observance of a national day of mourning for James Earl Carter, Jr., the thirty-ninth president of the United States. {expires: 2025-01-10} Continue reading "SEC Announces EDGAR System Closure on January 9" »

The Financial Accounting Standards Board (FASB) has released for public review and comment proposed GAAP Taxonomy Improvements for the proposed Accounting Standards Update (ASU) on Topic 326, Measurement of Credit Losses for Accounts Receivable and Contract Assets for Private Companies and Certain Not-for-Profit Entities. Continue reading "FASB Issues Proposed GAAP Taxonomy Improvements..." »