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The Securities and Exchange Commission (SEC) has finalized a rule updating its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, now called EDGAR Next. Key features include mandatory multi-factor authentication, individual user credentials, and a centralized account system.
All EDGAR users and filing agents must enroll by September 15, 2025, or lose access until registration is complete. Enrolling by September 12 is recommended to avoid disruptions. Filers are encouraged to coordinate with their EDGAR service providers for a smooth transition.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
The FFIEC has updated its IT examination guidelines, expanding the Development, Acquisition, and Maintenance (DA&M) booklet and retiring the Cybersecurity Assessment Tool (CAT) by August 31, 2025. Financial institutions must now enhance IT risk management and adopt alternative cybersecurity frameworks like NIST 2.0 and CISA Cybersecurity Performance Goals to stay compliant.
