SEC Adopts Improvements to EDGAR System to Enhance Security, Filer Access, and Account Management

Excerpt:  “The Securities and Exchange Commission today adopted rule and form amendments intended to enhance the security of its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system and improve filers’ access and account management capabilities. ‘The public and the SEC long have benefited from the EDGAR electronic filing system,’ said SEC Chair Gary Gensler. ‘Today’s amendments are an important next step for EDGAR account access protocols.’ The amendments require EDGAR filers to authorize identified individuals who will be responsible for managing their accounts, and individuals acting on behalf of EDGAR filers will need to present individual account credentials obtained from Login.gov to access those EDGAR accounts and make filings. Form ID, the application for access to EDGAR, will be modernized to make the form more user-friendly.”