NetSuite’s annual user conference to spotlight DFIN’s ActiveDisclosure financial reporting software

The U.S. Securities and Exchange Commission’s (SEC) EDGAR System is undergoing a significant transformation to enhance security and improve filers’ access to the EDGAR System. These rule and form amendments will introduce substantially new security enhancements centered on access to and management of registrant and reporting owner accounts, how Form IDs are processed, and how forms are filed on the EDGAR system.

Some key takeaways you should pay close attention to include:

Runway Growth Capital, a specialty finance company, was looking for a software that would allow their team to efficiently collaborate on their filings, remove duplicate work, and save time. See how DFIN helped them save 30 hours a week on financial reporting with ActiveDisclosure.

Personally identifiable information (PII) is used by companies every day to track trends and respond to customer needs. PII is extremely valuable, which is why so many hackers attempt to gain access. Businesses are turning to artificial intelligence and data protection efforts to keep financial data and other types of PII from falling into the wrong hands. Discover the ways artificial intelligence can protect PII and assist with data compliance measures mandated by laws such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

Before closing the book in 2022, both houses of Congress passed the Financial Data Transparency Act (FDTA), which President Biden signed into law soon after. Covered in detail in the DFIN Knowledge Hub, The FDTA is designed to modernize the collection and dissemination of financial data by federal financial regulators, making that information more accessible, uniform, and ultimately more useful to investors and consumers.

As Cybersecurity Awareness season continues, we are shedding light on the importance of safeguarding financial data and information.

Whether your company is preparing for an acquisition or an IPO or filing the multitude of forms required by the U.S. Securities and Exchange Commission (SEC), the process of sending, disclosing, reporting, and filing sensitive financial information requires robust security at every step of the process.

EDGAR Next is set to undergo a significant modernization, including a proposed rule, “Amendments to Requirements for Filer Validation and Access to the EDGAR Filing System.” Initially announced in 2022, the modernization program was paused due to technical issues, but was added back to the SEC’s RegFlex spring 2023

When it comes to generative language models and AI, most of the talk centers around tools like ChatGPT. It's only a matter of time before higher-level applications of AI tools are upon us, such as using AI in deal sourcing. AI tools can help teams identify deal targets and stay on top of trends, providing them with the all-important first mover advantage when it comes to deals.

The Securities and Exchange Commission recently announced the EDGAR beta testing period for its Filing Fee Modernization Rule will go live on October 2 and remain open until December 22.

EDGAR, which stands for Electronic Data Gathering, Analysis and Retrieval, is the Securities and Exchange Commission (SEC) filing system. If you've ever had to file an annual report or quarterly financial statement, you've interacted with EDGAR already. Brush up on what EDGAR does and how to use the system.

What Does EDGAR Do?

All public companies must use the EDGAR system when filing documents with the SEC.