SEC Introduces “EDGAR Next” to Enhance Security of EDGAR

October 1, 2024

On September 27, 2024, the SEC announced that it is adopting rule and form amendments concerning access to and management of accounts on the Commission’s EDGAR system. The amendments are related to certain technical changes to EDGAR (collectively referred to as “EDGAR Next”). The SEC is also amending Volume I of the EDGAR Filer Manual to accord with these changes.

Intended to improve the security of EDGAR, the amendments introduce the following changes:

• Electronic filers will be required to authorize and maintain designated individuals as account administrators and to take certain actions, through their account administrators, to manage their accounts on EDGAR;
• Filers may only authorize individuals as account administrators or in certain other roles if those individuals first obtain individual account credentials in the manner specified in the EDGAR Filer Manual; and
• Optional Application Programming Interfaces (“APIs”) will be offered to filers for machine-to-machine communication with EDGAR.

Transition Process

Filers will have 12 months from the issuance of this release to transition to EDGAR Next. Beginning March 24, 2025, the EDGAR Filer Management dashboard will go live, and compliance with the amended Form ID will be required to be submitted through the dashboard. Additionally, filers will be able to connect to optional EDGAR APIs. The compliance date for amended Form ID is March 24, 2025, and the compliance date for all other rule and form amendments is September 15, 2025. After December 22, 2025, filers that have not enrolled in EDGAR Next or received access through submission of amended Form ID will be required to submit amended Form ID to request access to their existing accounts.