Novaworks Weblog - SEC

SEC Adopts Technical Amendments to Update Regulation NMS Cross-Reference, Delegated Authority Rules

nospam@example.com (LeAnn Dey) — Fri, 08 May 2026 10:30:00 -0400

On May 1st, the SEC’s Division of Trading and Markets adopted technical amendments to Rule 610 of Regulation NMS under the Exchange Act. The amendments are designed to modernize outdated cross‑references in provisions governing locking and crossing quotations. The rulemaking also corrects an obsolete reference in the rules that delegate authority to SEC staff to allow certain exemptions. Continue reading "SEC Adopts Technical Amendments to Update Regulation NMS Cross-Reference, Delegated Authority Rules"

SEC Proposes Rules to Allow Optional Semiannual Filings for Public Companies

nospam@example.com (LeAnn Dey) — Tue, 05 May 2026 17:00:00 -0400

On May 5th, the SEC proposed rule and form amendments that would allow public companies to file semiannual reports instead of traditional quarterly reports. The change would offer issuers greater flexibility in meeting interim reporting obligations under federal securities laws. Under the proposal, companies subject to Exchange Act Sections 13(a) or 15(d) may choose to file a new Form 10‑S twice a year in place of Form 10‑Q. Rather than file three quarterly reports and one annual report, eligible companies could choose the streamlined option to file one semiannual report and one annual report per fiscal year. Continue reading "SEC Proposes Rules to Allow Optional Semiannual Filings for Public Companies"

MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook

nospam@example.com (LeAnn Dey) — Wed, 29 Apr 2026 15:30:00 -0400

On April 28th, the Municipal Securities Rulemaking Board (MSRB) released for public review and comment a rule proposal to modify Rule G‑12(c). The proposed rule would update Rule G‑12(c), which regulates confirmation requirements for inter‑dealer municipal securities transactions that cannot be processed through automated comparison systems. The proposed rule supports the MSRB’s ongoing review of its rules, published guidance, and rulebook modernization efforts to align with current technology and operational standards. Continue reading "MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook"

SEC, CFTC Propose Amendments to Modernize Form PF Reporting, Solicit Comment

nospam@example.com (LeAnn Dey) — Mon, 27 Apr 2026 14:30:00 -0400

On April 20th, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed amendments to Form PF, the confidential reporting form used by SEC‑registered private fund advisers, which include those also registered with the CFTC as Commodity Pool Operators (CPOs) or Commodity Trading Advisors (CTAs). The updates would keep Form PF effective for regulatory oversight while making compliance more efficient for advisers. Continue reading "SEC, CFTC Propose Amendments to Modernize Form PF Reporting, Solicit Comment"

SEC Releases Proposal to Extend Rule 17Ad‑27, Solicits Comment

nospam@example.com (LeAnn Dey) — Fri, 24 Apr 2026 15:15:00 -0400

On April 16th, the SEC announced that it is publishing its proposed information‑collection requirements under Rule 17Ad‑27 for public review and comment. The rule applies to central matching service providers (CMSPs) that offer matching services but are exempted from registering as clearing agencies. These CMSPs help broker‑dealers, institutional investors, advisers, and custodians electronically agree on trade details to accelerate automated settlement. Continue reading "SEC Releases Proposal to Extend Rule 17Ad‑27, Solicits Comment"

SEC Advances Treasury Market Resilience with New Cross‑Margining Structure

nospam@example.com (LeAnn Dey) — Fri, 17 Apr 2026 16:00:00 -0400

On April 15th, the SEC announced a conditional exemptive order that would permit customer cross‑margining between cash market positions in US Treasury securities cleared by a registered clearing agency and futures positions in US Treasury securities cleared by a registered derivatives clearing organization. The exemption applies to broker‑dealers that are also registered as futures commission merchants with the Commodity Futures Trading Commission (CFTC) and that serve as joint clearing members of both clearing entities. In accordance with the order, these organizations now may offer cross‑margining to eligible customers in a futures account as long as all conditions of the exemption are met. Continue reading "SEC Advances Treasury Market Resilience with New Cross‑Margining Structure"

SEC Releases Enforcement Results for Fiscal Year 2025

nospam@example.com (LeAnn Dey) — Fri, 10 Apr 2026 15:45:00 -0400

On April 7th, the SEC’s Division of Enforcement announced that in fiscal year 2025, it saw a number of significant enforcement actions that furthered its attempt both to protect investors and promote market integrity. Continue reading "SEC Releases Enforcement Results for Fiscal Year 2025"

FASB to Discuss 2026 GAAP and SEC Reporting Taxonomy Improvements,SEC Update

nospam@example.com (LeAnn Dey) — Tue, 07 Apr 2026 11:00:00 -0400

The Financial Accounting Standards Board (FASB) will host a webinar to discuss 2026 GAAP and SEC reporting taxonomy improvements and an SEC data quality update. The event will take place on Tuesday, April 14, 2026, beginning at 1:00 p.m. Eastern. Continue reading "FASB to Discuss 2026 GAAP and SEC Reporting Taxonomy Improvements,SEC Update"

SEC Provides FAQs Related to Rule 605 of Regulation NMS

nospam@example.com (LeAnn Dey) — Mon, 06 Apr 2026 13:30:00 -0400

On April 1st, the staff of the SEC’s Division of Trading and Markets published a list of answers to frequently asked questions (FAQs) concerning Rule 605 of Regulation NMS. For further details on Rule 605, please see the 2024 Rule 605 Disclosure of Order Execution Information amendments adopting release on the SEC’s site. Continue reading "SEC Provides FAQs Related to Rule 605 of Regulation NMS"

SEC Adopts Cost‑Saving Measures for Consolidated Audit Trail

nospam@example.com (LeAnn Dey) — Thu, 02 Apr 2026 15:30:00 -0400

On March 27th, the SEC approved an amendment to the National Market System (NMS) Plan for the Consolidated Audit Trail (CAT), along with exemptive relief from certain Rule 17a‑1 requirements. These modifications are meant to further the SEC’s aim to streamline CAT operations and reduce financial burdens on the industry while maintaining key regulatory functions. Continue reading "SEC Adopts Cost‑Saving Measures for Consolidated Audit Trail"

The SEC Announces Delays with Fee-Bearing Filings, Country Code Technical Issue with EDGAR Forms 3, 4 and 5

nospam@example.com (LeAnn Dey) — Mon, 30 Mar 2026 16:45:00 -0400

On March 30th, the SEC alerted filers of two separate issues: Continue reading "The SEC Announces Delays with Fee-Bearing Filings, Country Code Technical Issue with EDGAR Forms 3, 4 and 5"

SEC Adopts Updated EDGAR Filer Manual

nospam@example.com (LeAnn Dey) — Mon, 23 Mar 2026 16:00:00 -0400

On March 16th, the SEC announced that it is adopting amendments to Volumes I and II of the EDGAR system Filer Manual and related rules and forms. EDGAR Release 26.1 is effective in the EDGAR system as of March 16, 2026. Continue reading "SEC Adopts Updated EDGAR Filer Manual"

SEC Proposes Amendments to Rule Regulating Information Reviews for OTC Equity Quotations

nospam@example.com (LeAnn Dey) — Fri, 20 Mar 2026 15:00:00 -0400

On March 16th, the SEC proposed amendments to update Exchange Act Rule 15c2-11, a rule that regulates certain information gathering and review requirements that brokers and dealers that publish quotations for, or maintain a continuous quoted market in, securities in the over-the-counter (OTC) market. Adopted in 1971, Rule 15c2-11’s framework was designed to prevent certain manipulative and fraudulent trading schemes in the OTC equity markets Continue reading "SEC Proposes Amendments to Rule Regulating Information Reviews for OTC Equity Quotations"

Interim Release of GoFiler (6.5a Patch B)

nospam@example.com (LeAnn Dey) — Wed, 18 Mar 2026 11:20:00 -0400

To help filers navigate recent unexpected changes made by the SEC concerning the EDGAR 26.1 release, more specifically, Section 16 filing, Novaworks has provided a patch for GoFiler version 6.5a. Continue reading "Interim Release of GoFiler (6.5a Patch B)"

Section 16 Filing Hot Fix Now Available

nospam@example.com (LeAnn Dey) — Tue, 17 Mar 2026 13:45:00 -0400

GoFiler software is applying the Section 16 changes under EDGAR 26.1 slated for March 18th a day early. We have applied a fix for this issue, however, users that wish to file Section 16 now may either: Continue reading "Section 16 Filing Hot Fix Now Available"