82 FR 7645 - Adoption of Updated EDGAR Filer Manual

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 13 (January 23, 2017)

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 to reflect updates to the EDGAR system. The updates are being made primarily to support the submission of Municipal Advisor submission form types. The EDGAR system is scheduled to be upgraded to support the other functionalities on December 12, 2016.

[Federal Register Volume 82, Number 13 (Monday, January 23, 2017)]
[Rules and Regulations]
[Pages 7645-7647]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-32032]


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

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 232

[Release Nos. 33-10265; 34-79519; 39-2513; IC-32387]


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 to reflect 
updates to the EDGAR system. The updates are being made primarily to 
support the submission of Municipal Advisor submission form types. The 
EDGAR system is scheduled to be upgraded to support the other 
functionalities on December 12, 2016.

DATES: Effective January 23, 2017. The incorporation by reference of 
the EDGAR Filer Manual is approved by the Director of the Federal 
Register as of January 23, 2017.

FOR FURTHER INFORMATION CONTACT: In the Division of Corporation 
Finance, for questions concerning Form ABS-EE and Regulation A 
submission form types, contact Vik Sheth at (202) 551-3818; in the 
Division of Trading and Markets, for questions concerning Form MA and 
Form 17-H, contact Kathy Bateman at (202) 551-4345; and in the Division 
of Economic and Risk Analysis, for questions concerning eXtensible 
Business Reporting Language (XBRL) submissions; contact Walter Hamscher 
at (202) 551-5397.

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 Online Forms/XML 
Web site.
---------------------------------------------------------------------------

    \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 September 19, 2016. See Release No. 33-10217 
(September 30, 2016) [81 FR 67118].
---------------------------------------------------------------------------

    The revisions to the Filer Manual reflect changes within Volume I 
entitled EDGAR Filer Manual, Volume I: ``General Information,'' Version 
25 (December 2016), and Volume II entitled

[[Page 7646]]

EDGAR Filer Manual, Volume II: ``EDGAR Filing,'' Version 39 (December 
2016). 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 may consult the Filer Manual in conjunction with our 
rules governing mandated electronic filing when preparing documents for 
electronic submission.\3\
---------------------------------------------------------------------------

    \2\ See Rule 301 of Regulation S-T (17 CFR 232.301).
    \3\ See Release No. 33-10217 in which we implemented EDGAR 
Release 16.3. For additional history of Filer Manual rules, please 
see the citations therein.
---------------------------------------------------------------------------

    The EDGAR system will be upgraded to Release 16.4 on December 12, 
2016 and will introduce the following changes:
    Filers will be able to submit the Municipal Advisor submission form 
types MA, MA-A, MA/A, MA-I, MA-I/A, and MA-W in filer-constructed XML 
format from the EDGAR Filing Web site. For more information, see the 
``EDGAR Form MA XML Technical Specification'' document available on the 
SEC's Public Web site (https://www.sec.gov/info/edgar/tech-specs).
    Filers will be able to provide up to 200 owners instead of 50 
owners for Schedules A-1, A-2, B-1, and B-2 within MA, MA-A, and MA/A 
submissions (Schedules A-1, A-2, B-1, and B-2 are amended via Schedule 
C for MA-A and MA/A submissions).
    EDGAR will be upgraded to allow an entity with any Standard 
Industrial Classification (SIC) code value or no value (NULL) to 
request the creation of ABS Issuing Entities.
    EDGAR will be updated to allow duplicate submissions for ABS-EE.
    EDGARLink Online will be updated for ABS-EE and ABS-EE/A 
submissions such that non-existent CIKs will be flagged as errors 
during header data entry instead of after the submission has been sent 
and processed by EDGAR.
    The ABS-EE Asset Data schema will be updated to introduce the 
following Asset Class Item with date format MM/YYYY:

 RMBS ABS Asset Class: Item 1(c)(13)(vi), Most Senior Lien 
Origination Date

    In addition, the ABS-EE Asset Data schema will be updated to change 
the following Asset Class Item from an integer value to a percentage 
value:

 CMBS ABS Asset Class: Item 2(c)(28)(iv), ARM Margin Number

    For more information, see the updated ``EDGAR ABS XML Technical 
Specification'' document located on the SEC's Public Web site (https://www.sec.gov/info/edgar/tech-specs).
    EDGAR will transform word expressions for numbers, dates, and word 
or symbol expressions for QNames and nil expressions into their 
respective XML representations in Inline XBRL submissions. Filers will 
be able to provide typed dimensions in XBRL submissions. In addition, 
the following HTML tags will be usable in traditional XBRL documents: 
, , , and .
    All ASCII character validations will be removed for broker-dealer 
entity name fields on submission form types 17HACON, 17HACON/A, 
17HQCON, and 17HQCON/A. Broker-dealers now will be able to submit the 
aforementioned filings, irrespective of the ASCII characters in the 
broker-dealer entity name.
    Filers will be able to shift the order of the uploaded documents, 
and simultaneously select/de-select all uploaded documents on the 
``Attach Documents List'' screen for the Regulation A submission form 
types DOS, DOS/A, 1-A, 1-A/A, 1-A POS, 1-K, and 1-K/A.
    On October 31, 2016, the EDGAR system was upgraded to Release 
16.3.3 and now supports the following changes:
    The ABS-EE CMBS Asset Class Item 2(e)(17), ``Payment Status Loan 
Code'' associated types were updated to include the value ``0'' for 
loan payment status of ``Current''. For more information, see section 
4.3.20 of the updated ``EDGAR ABS XML Technical Specification'' 
document located on the SEC's Public Web site (https://www.sec.gov/info/edgar/tech-specs).
    The maximum allowable submission size for form types ABS-EE and 
ABS-EE/A was increased to 600 MB.
    EDGAR was updated to remove the timeliness rule check, and to no 
longer verify if the submission form types NT 10-K, NTN 10K, NT 10-Q, 
NTN 10Q, NT 15D2, NTN15D2, NT 10-D, NTN 10D, NT 20-F, and NTN 20F were 
submitted before the filing deadline.
    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 Web site 
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 
10:00 a.m. and 3:00 p.m.
    Since the Filer Manual and the corresponding rule changes relate 
solely to agency procedures or practice, publication for notice and 
comment is not required under the Administrative Procedure Act 
(APA).\4\ It follows that the requirements of the Regulatory 
Flexibility Act \5\ do not apply.
---------------------------------------------------------------------------

    \4\ 5 U.S.C. 553(b)(A).
    \5\ 5 U.S.C. 601-612.
---------------------------------------------------------------------------

    The effective date for the updated Filer Manual and the rule 
amendments is January 23, 2017. In accordance with the APA,\6\ we find 
that there is good cause to establish an effective date less than 30 
days after publication of these rules. The EDGAR system upgrade to 
Release 16.4 is scheduled to become available on December 12, 2016. 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.
---------------------------------------------------------------------------

    \6\ 5 U.S.C. 553(d)(3).
---------------------------------------------------------------------------

Statutory Basis

    We are adopting the amendments to Regulation S-T under Sections 6, 
7, 8, 10, and 19(a) of the Securities Act of 1933,\7\ Sections 3, 12, 
13, 14, 15, 23, and 35A of the Securities Exchange Act of 1934,\8\ 
Section 319 of the Trust Indenture Act of 1939,\9\ and Sections 8, 30, 
31, and 38 of the Investment Company Act of 1940.\10\
---------------------------------------------------------------------------

    \7\ 15 U.S.C. 77f, 77g, 77h, 77j, and 77s(a).
    \8\ 15 U.S.C. 78c, 78l, 78m, 78n, 78o, 78w, and 78ll.
    \9\ 15 U.S.C. 77sss.
    \10\ 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 Amendment

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

[[Page 7647]]

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. 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, and 7201 et seq.; and 18 U.S.C. 1350.
* * * * *

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 out 
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 25 (December 2016). The requirements for filing 
on EDGAR are set forth in the updated EDGAR Filer Manual, Volume II: 
``EDGAR Filing,'' Version 39 (December 2016). Additional provisions 
applicable to Form N-SAR filers are set forth in the EDGAR Filer 
Manual, Volume III: ``N-SAR Supplement,'' Version 5 (September 2015). 
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 Web site 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 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 10:00 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: 
http://www.archives.gov/federal_register/code_of_federal_regulations/ibr_locations.html.

    By the Commission.

    Dated: December 9, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-32032 Filed 1-19-17; 8:45 am]
BILLING CODE 8011-01-P