|
|
B. G., Opalesque Geneva: The U.S. Securities and Exchange Commission is steadily moving its filing system to the digital age in the name of efficiency, tossing paper forms aside, after Covid-19 brought to light logistical and operational issues.
The Commission has officially adopted amendments to require certain documents filed by investment advisers, institutional investment managers, and certain other entities to be filed or submitted electronically.
"For example, the amendments require that applications for orders under the Investment Advisers Act of 1940, as amended, and Form ADV-NR be submitted electronically," reports Sadis & Goldberg, a U.S. law firm.
Furthermore, "the amendments make technical changes to modernize Form 13F filings. Confidential treatment requests for Form 13F filings will now have to be submitted through EDGAR. The amendments also add optional reporting of a Financial Instrument Global Identifier for any security reported on Form 13F, as well as certain technical amendments to Form 13F that enhance the information reported."
The new rules and form amendments will be effective 60 days after publication in the Federal Register. The amendments to Form 13F will be effective on January 3, 2023. The Commission ...................... To view our full article Click here
|
|
RSS
