TheCorporateCounsel.net

On Friday, the SEC announced that a new filing fee Fedwire format will take effect on March 10th. The old format will be retired on March 9th. Clients often appreciate help with the Fedwire process – especially smaller or newly public companies – so stay tuned for the SEC to share the new format on its instruction page.

While we’re on the topic of filing fees, don’t forget that all filers will be required to tag filing fee exhibits in iXBRL beginning July 31st of this year, as part of the modernization rules adopted a few years ago. Large accelerated filers were subject to the requirement beginning last summer, and others were permitted to voluntarily comply. The SEC has posted compliance resources to help with this transition.

– Liz Dunshee