As detailed in our prior alert, on September 27, 2024, the U.S. Securities and Exchange Commission (SEC) adopted final rule and form amendments to the SEC’s Electronic Data Gathering, Analysis, and Retrieval System (EDGAR). The amendments, referred to by the SEC as “EDGAR Next” are intended to enhance the security of access to EDGAR and improve account management. The EDGAR Next amendments took effect on March 24, 2025, for new filers without existing credentials, and filers with existing credentials have until September 15, 2025, to comply with the amendments.
Upcoming EDGAR Next compliance dates
Beginning on September 15, 2025:
- The existing process for making EDGAR submissions will no longer be available, and all EDGAR filings must be submitted through the EDGAR Next dashboard. After this date, access to the old EDGAR system will be discontinued. Failure to complete the transfer by the deadline will result in the inability to submit filings to the SEC, which could have significant regulatory and compliance consequences.
Beginning on December 19, 2025:
- Existing filers that have not enrolled in the EDGAR Next dashboard will be required to submit an amended Form ID to obtain access to their existing accounts.
What this means to you
- Filers and individuals who make submissions on behalf of filers should obtain Login.gov account credentials and familiarize themselves with the EDGAR Next dashboard ahead of the required compliance deadline.
- Filers must determine who to designate in the appropriate roles, which account administrator will be responsible for the annual confirmation, and what the selected confirmation date will be, and include the annual confirmation in year-end or quarterly-end reporting processes, as applicable.
- Filers that have not yet begun their transition to EDGAR Next should begin as soon as possible to avoid any last-minute issues or disruptions.
- Issuers should coordinate with Section 16 insiders and other individuals with filing obligations to ensure the transition to EDGAR Next is completed before the required deadline.
- If the filer uses a financial printer or other filing agent to make filings, they should coordinate with the printer to ensure it has implemented the appropriate processes in connection with EDGAR Next, including designating the printer or other filing agent as a “delegated entity.”
- If a Section 16 insider has filing obligations with more than one entity, filers should reach out to the insider and to the other entity or entities to determine the appropriate roles.
Contact us
If you have any questions, please do not hesitate to contact Steve Barrett, Robert Joseph, Victoria Sitz, Andrew Spector, or your Husch Blackwell attorney.