
[Federal Register Volume 83, Number 246 (Wednesday, December 26, 2018)]
[Rules and Regulations]
[Pages 66100-66101]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-27827]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 232

[Release Nos. 33-10585; 34-84825; 39-2524; IC-33324]


Adoption of Updated EDGAR Filer Manual

AGENCY: Securities and Exchange Commission.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: The Securities and Exchange Commission (the ``Commission'') is 
adopting revisions to the Electronic Data Gathering, Analysis, and 
Retrieval System (``EDGAR'') Filer Manual and related rules. The EDGAR 
system is scheduled to be upgraded on December 17, 2018 and January 28, 
2019.

DATES: Effective December 26, 2018. The incorporation by reference of 
the EDGAR Filer Manual is approved by the Director of the Federal 
Register as of December 26, 2018.

FOR FURTHER INFORMATION CONTACT: In the Division of Trading and 
Markets, for questions concerning Form ATS-N, contact Michael R. 
Broderick at (202) 551-5058. In the Office of Municipal Securities, for 
questions regarding Forms MA, MA-A and MA-I, contact Ahmed A. Abonamah 
at (202) 551-3887. In the Division of Corporation Finance, for 
questions concerning Forms 1-A and DOS, contact Heather Mackintosh at 
(202) 551-8111. In the Division of Economic and Risk Analysis, for 
questions concerning Inline XBRL submission requirements contact Mike 
Willis at (202) 551-6627.

SUPPLEMENTARY INFORMATION: We are adopting an updated EDGAR Filer 
Manual, Volume I and Volume II. The Filer Manual describes the 
technical formatting requirements for the preparation and submission of 
electronic filings through the EDGAR system.\1\ It also describes the 
requirements for filing using EDGARLink Online and the EDGAR Online 
Forms website.
---------------------------------------------------------------------------

    \1\ We originally adopted the Filer Manual on April 1, 1993, 
with an effective date of April 26, 1993. Release No. 33-6986 (April 
1, 1993) [58 FR 18638]. We implemented the most recent update to the 
Filer Manual on October 1, 2018. See Release No. 33-10566 (October 
1, 2018) [83 FR 55264].
---------------------------------------------------------------------------

    The revisions to the Filer Manual reflect changes within Volume I, 
entitled EDGAR Filer Manual, Volume I: ``General Information,'' 
(Version 32) (December 2018), and Volume II, entitled EDGAR Filer 
Manual, Volume II: ``EDGAR Filing,'' (Version 49) (December 2018). The 
updated manual will be incorporated by reference into the Code of 
Federal Regulations.
    The Filer Manual contains all the technical specifications for 
filers to submit filings using the EDGAR system. Filers must comply 
with the applicable provisions of the Filer Manual in order to assure 
the timely acceptance and processing of filings made in electronic 
format.\2\ Filers should consult the Filer Manual in conjunction with 
our rules governing mandated electronic filings when preparing 
documents for electronic submission.
---------------------------------------------------------------------------

    \2\ See Rule 301 of Regulation S-T (17 CFR 232.301).
---------------------------------------------------------------------------

    The EDGAR System and Filer Manual will be updated in Release 18.4 
and reflect the changes described below.
    EDGAR Release 18.4 will introduce changes associated with the 
adoption of amendments to Regulations ATS applicable to alternative 
trading systems that trade National Market System stocks (``NMS Stock 
ATSs'') and changes associated with new Form ATS-N.\3\ The following 
new submission form types, which correspond to the various types of 
Form ATS-N filings permitted or required by the amendments to 
Regulation ATS and Form ATS-N, will be added to EDGAR Online Forms: 
ATS-N, for initial Form ATS-N filings; ATS-N/MA, for material 
amendments to Form ATS-N; ATS-N/UA, for updating amendments to Form 
ATS-N; ATS-N/CA for correcting amendments to Form ATS-N; ATS-N/OFA, for 
order display and fair access amendments to Form ATS-N; ATS-N-C, for 
notices of cessation filings; and ATS-N-W for withdrawals of Form ATS-N 
filings.\4\ The new Form ATS-N submission form types will be accessible 
on the EDGAR Filing website. Filers have the option of completing a 
web-fillable form or may construct XML submissions for these submission 
form types by following the ``EDGAR Form ATS-N XML Technical 
Specification'' document available on the SEC's Public website (https://www.sec.gov/info/edgar/tech-specs). Please refer to Chapter 3 (Index 
to Forms), Chapter 5 (Constructing Attached Documents and Document 
Types), Chapter 7 (Preparing and Transmitting EDGARLink Online 
Submissions), Chapter 8 (Preparing and Transmitting Online 
Submissions), Appendix A (Messages Reported by EDGAR), and Appendix E 
(Automated Conformance Rules for EDGAR Data Fields) of the ``EDGAR 
Filer Manual, Volume II: EDGAR Filing.''
---------------------------------------------------------------------------

    \3\ See Release No. 34-83663 (July 18, 2018) [83 FR 38768].
    \4\ See Rule 304 of Regulation ATS (17 CFR 242.304) and Form 
ATS-N (specifying the requirements, inter alia, for filing on Form 
ATS-N).
---------------------------------------------------------------------------

    In a prior rulemaking, the Commission adopted amendments to, among 
other things, Form Funding Portal, Form MA and Form MA-I to remove the 
portions of such forms that requested filers furnish certain sensitive 
personally identifiable information or PII.\5\ Release 18.4 will 
upgrade the EDGAR system by removing the fields on such forms that ask 
for PII. Please refer to Chapter 8 (Preparing and Transmitting Online 
Submissions) of the ``EDGAR Filer Manual, Volume II: EDGAR Filing.''
---------------------------------------------------------------------------

    \5\ See Release 33-10486 (April 25, 2018) [83 FR 22190].
---------------------------------------------------------------------------

    EDGAR Release 18.4 will update submission form types 1-A, 1-A/A, 1-
A POS, DOS, and DOS/A to rename ``Income Statement Information'' to 
``Statement of Comprehensive Income Information'' in Item 1: Issuer 
Information. Please refer to Chapter 8 (Preparing and Transmitting 
Online Submissions) of the ``EDGAR Filer Manual, Volume II: EDGAR 
Filing.'' These changes are consistent with the amendments the 
Commission recently adopted to accounting-related disclosure rules.\6\
---------------------------------------------------------------------------

    \6\ See Release No. 33-10532 (August 17, 2018) [83 FR 50148].
---------------------------------------------------------------------------

    EDGAR will permit the display of Schedule B data in submission form 
types MA-A and MA/A--provided that information for Schedule B was 
included in the filer's most recent Form MA, MA-A and MA/A filing. 
Corresponding changes will be reflected in the EDGAR Filer Manual. 
Please refer to Chapter 8 (Preparing and Transmitting Online 
Submissions) of the ``EDGAR Filer Manual, Volume II: EDGAR Filing.''
    EDGAR will introduce changes associated with the adoption of Inline 
eXtensible Business Language (``Inline XBRL'') requirements for the 
submission of operating company financial information and fund risk/
return summaries.\7\ The EDGAR system will be updated to implement 
changes that will expand the submission form types that are permitted 
to include Inline XBRL submissions. Accordingly, the following 
submission form types will permit the primary document to be in iXBRL 
format: S-1, S-1/A, S-1MEF, S-3, S-3/A, S-3ASR, S-3D, S-3DPOS, S-3MEF, 
S-4, S-4/A, S-4EF, S-4MEF, S-4 POS, S-11, S-11/A, S-11MEF, F-1, F-1/A, 
F-1MEF, F-3, F-3/A, F-3ASR, F-3D, F-3DPOS, F-3MEF, F-4, F-4/A, F-4EF, 
F-

[[Page 66101]]

4MEF, F-4POS, F-10, F-10/A, F-10EF, F-10POS, 485BPOS, and 497. The 
EDGAR system also will be updated to allow more than one Inline XBRL 
file attachment per submission to be pre-validated, submitted, 
validated, accepted, rendered, and viewed. In addition, given the 
termination of the Voluntary XBRL program, the EDGAR Filer Manual and 
the EDGAR system will be updated to remove and will no longer permit 
submissions having EX-100 Voluntary XBRL attachments. In addition, the 
EDGAR Filer Manual will update instructions regarding the layout 
specifications for Risk Return Summary Information submissions tagged 
with Inline XBRL. Please refer to Chapter 5 (Constructing Attached 
Documents and Document Types), Chapter 6 (Interactive Data), and 
Appendix E (Automated Conformance Rules for EDGAR Data Fields) of the 
``EDGAR Filer Manual, Volume II: EDGAR Filing.''
---------------------------------------------------------------------------

    \7\ See Release No. 33-10514 (June 28, 2018) [83 FR 40486].
---------------------------------------------------------------------------

    The EDGAR Filer Manual, Volumes I and II will be revised to 
incorporate updates aimed at clarifying and streamlining the EDGAR 
Filer Manual. Updates will include revisions to listed contact 
information, revised hyperlink information for accessing the EDGAR 
Filer Manual, clarification of instructions, clarification of chapter 
and subsection titles, updates to, and clarification of content in, 
Chapter 3 (Index to Forms), and a renaming of Section 5.6, ``Filing 
Fees.'' Additionally, references to the ``EDGAR Online Forms/XML 
website'' will be revised and renamed the ``EDGAR OnlineForms 
website''. See Chapter 2 (Quick Guide to EDGAR Filing), Chapter 3 
(Index to Forms), Chapter 4 (Filing Fee Information), Chapter 5 
(Constructing Attached Documents and Document Types), Chapter 6 
(Interactive Data), Chapter 7 (Preparing and Transmitting EDGARLink 
Online Submissions), Chapter 8 (Preparing and Transmitting Online 
Submissions), Appendix B (Frequently Asked Questions), Appendix C 
(EDGAR Submission Types), Appendix D (Paper Forms), and Appendix F 
(Glossary of Commonly Used Terms, Acronyms and Abbreviations).
    Along with the adoption of the Filer Manual, we are amending Rule 
301 of Regulation S-T to provide for the incorporation by reference 
into the Code of Federal Regulations of today's revisions. This 
incorporation by reference was approved by the Director of the Federal 
Register in accordance with 5 U.S.C. 552(a) and 1 CFR part 51.
    The updated EDGAR Filer Manual will be available for website 
viewing and printing; the address for the Filer Manual is https://www.sec.gov/info/edgar/edmanuals.htm. You may also obtain paper copies 
of the EDGAR Filer Manual from the following address: Public Reference 
Room, U.S. Securities and Exchange Commission, 100 F Street NE, 
Washington, DC 20549, on official business days between the hours of 10 
a.m. and 3 p.m.
    Since the Filer Manual and the corresponding rule and form 
amendments relate solely to agency procedures or practice, publication 
for notice and comment is not required under the Administrative 
Procedure Act (``APA'').\8\ It follows that the requirements of the 
Regulatory Flexibility Act \9\ do not apply.
---------------------------------------------------------------------------

    \8\ 5 U.S.C. 553(b)(A).
    \9\ 5 U.S.C. 601-612.
---------------------------------------------------------------------------

    The effective date for the updated Filer Manual and the related 
rule and form amendments is December 26, 2018. In accordance with the 
APA,\10\ we find that there is good cause to establish an effective 
date less than 30 days after publication of these rules. The Commission 
believes that establishing an effective date less than 30 days after 
publication of these rules is necessary to coordinate the effectiveness 
of the updated Filer Manual with these system upgrades.
---------------------------------------------------------------------------

    \10\ 5 U.S.C. 553(d)(3).
---------------------------------------------------------------------------

Statutory Basis

    We are adopting the amendments to Regulation S-T under the 
authority in Sections 6, 7, 8, 10, and 19(a) of the Securities Act of 
1933,\11\ Sections 3, 12, 13, 14, 15, 15B, 23, and 35A of the 
Securities Exchange Act of 1934,\12\ Section 319 of the Trust Indenture 
Act of 1939,\13\ and Sections 8, 30, 31, and 38 of the Investment 
Company Act of 1940.\14\
---------------------------------------------------------------------------

    \11\ 15 U.S.C. 77f, 77g, 77h, 77j, and 77s(a).
    \12\ 15 U.S.C. 78c, 78l, 78m, 78n, 78o, 78o-4, 78w, and 78ll.
    \13\ 15 U.S.C. 77sss.
    \14\ 15 U.S.C. 80a-8, 80a-29, 80a-30, and 80a-37.
---------------------------------------------------------------------------

List of Subjects in 17 CFR Part 232

    Incorporation by reference, Reporting and recordkeeping 
requirements, Securities.

Text of the Amendments

    In accordance with the foregoing, title 17, chapter II of the Code 
of Federal Regulations is amended as follows:

PART 232 REGULATION S-T--GENERAL RULES AND REGULATIONS FOR 
ELECTRONIC FILINGS

0
1. The authority citation for part 232 continues to read in part as 
follows:

    Authority:  15 U.S.C. 77c, 77f, 77g, 77h, 77j, 77s(a), 77z-3, 
77sss(a), 78c(b), 78l, 78m, 78n, 78o(d), 78w(a), 78ll, 80a-6(c), 
80a-8, 80a-29, 80a-30, 80a-37, 7201 et seq.; and 18 U.S.C. 1350, 
unless otherwise noted.
* * * * *

0
2. Section 232.301 is revised to read as follows:


Sec.  232.301   EDGAR Filer Manual.

    Filers must prepare electronic filings in the manner prescribed by 
the EDGAR Filer Manual, promulgated by the Commission, which sets forth 
the technical formatting requirements for electronic submissions. The 
requirements for becoming an EDGAR Filer and updating company data are 
set forth in the updated EDGAR Filer Manual, Volume I: ``General 
Information,'' Version 32 (December 2018). The requirements for filing 
on EDGAR are set forth in the updated EDGAR Filer Manual, Volume II: 
``EDGAR Filing,'' Version 49 (December 2018). Additional provisions 
applicable to Form N-SAR filers are set forth in the EDGAR Filer 
Manual, Volume III: ``N-SAR Supplement,'' Version 6 (January 2017). All 
of these provisions have been incorporated by reference into the Code 
of Federal Regulations, which action was approved by the Director of 
the Federal Register in accordance with 5 U.S.C. 552(a) and 1 CFR part 
51. You must comply with these requirements in order for documents to 
be timely received and accepted. The EDGAR Filer Manual is available 
for website viewing and printing; the address for the Filer Manual is 
https://www.sec.gov/info/edgar/edmanuals.htm. You can obtain paper 
copies of the EDGAR Filer Manual at the following address: Public 
Reference Room, U.S. Securities and Exchange Commission, 100 F Street 
NE, Washington, DC 20549, on official business days between the hours 
of 10:00 a.m. and 3:00 p.m. You can also inspect the document at the 
National Archives and Records Administration (NARA). For information on 
the availability of this material at NARA, call 202-741-6030, or go to: 
https://www.archives.gov/federal-register/cfr/ibr-locations.html.

    By the Commission.

    Dated: December 14, 2018.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2018-27827 Filed 12-21-18; 8:45 am]
 BILLING CODE 8011-01-P


