Document ID: SEC-2016-1746-0001
Agency: sec
Document Type: Rule
Title: Adoption of Updated EDGAR Filer Manual
Posted Date: 2016-09-30T04:00Z

[Federal Register Volume 81, Number 190 (Friday, September 30, 2016)]
[Rules and Regulations]
[Pages 67118-67120]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-23562]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 232

[Release Nos. 33-10217; 34-78883; 39-2512; IC-32269]

Adoption of Updated EDGAR Filer Manual

AGENCY: Securities and Exchange Commission.

ACTION: Final rule.

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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 new submission form types N-MFP2 and N-MFP2/A for money 
market mutual funds; allow unregistered money market fund to file a 
report on submission form types N-CR and N-CR/A; update the date format 
for ABS-EE Asset Data schemas from MM/YYYY to MM-DD-YYYY for CMBS Asset 
Class: Item 2(c) (12), and Debt Securities Asset Class: Debt 
Securities, Item 5(f)(3); update the codes and descriptions referencing 
CMSA to reference CREFC for CMBS Asset Class Item 2(d)(28)(xii) and 
CMBS Asset Class Item 2(d)(28)(xiii); allow a Large Trader whose most 
recent Form 13H submission was a Form 13H-I (Inactive) to submit a Form 
13H-T (Termination) regardless of elapsed time; and make documentation 
updates to Chapter 5 and Chapter 6 of the ``EDGAR Filer Manual, Volume 
II: EDGAR Filing'' relating to eXtensible Business Reporting Language 
(XBRL) format. The EDGAR system was upgraded to support the new 
submission form types N-MFP2 and N-MFP2/A for money market mutual funds 
on August 29, 2016. The EDGAR system is scheduled to be upgraded to 
support the other functionalities on September 19, 2016.

DATES: Effective September 30, 2016. The incorporation by reference of 
the EDGAR Filer Manual is approved by the Director of the Federal 
Register as of September 30, 2016.

FOR FURTHER INFORMATION CONTACT: In the Division of Investment 
Management, for questions concerning Form N-MFP2 and Form N-CR, contact 
Heather Fernandez at (202) 551-6708; in the Division of Corporate 
Finance, for questions concerning Form ABS-EE, contact Vik Sheth at 
(202) 551-3818; in the Division of Trading and Markets, for questions 
concerning Form 13H, contact Kathy Bateman at (202) 551-4345; and in 
the Division of Economic and Risk Analysis, for questions concerning 
eXtensible Business Reporting Language (XBRL) disseminations; contact 
Walter Hamscher at (202) 551-5397.

SUPPLEMENTARY INFORMATION: We are adopting an updated EDGAR Filer 
Manual, 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.
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    \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 June 13, 2016. See Release No. 33-10095 (July 1, 
2016) [81 FR 43047].
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    The revisions to the Filer Manual reflect changes within Volume II 
entitled EDGAR Filer Manual, Volume II: ``EDGAR Filing,'' Version 38 
(September 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\
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    \2\ See Rule 301 of Regulation S-T (17 CFR 232.301).
    \3\ See Release No. 33-10095 in which we implemented EDGAR 
Release 16.2. For additional history of Filer Manual rules, please 
see the cites therein.
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    The EDGAR system will be upgraded to Release 16.3 on September 19, 
2016 and will introduce the following changes:

[[Page 67119]]

    An unregistered money market fund will now be able to file a report 
on submission form types N-CR and N-CR/A. When submitting N-CR and N-
CR/A filings, filers that are unregistered money market funds can 
optionally provide values for the following fields:

 Filer Investment Company Type
 Series ID
 Class (Contract) ID

    ABS-EE Asset Data schemas will be updated to change the date format 
from MM/YYYY to MM-DD-YYYY for the following Asset Class Items:

 CMBS Asset Class: Item 2(c)(12), First Loan Payment Due Date
 Debt Securities Asset Class: Item 5(f)(3), Demand Resolution 
Date

    In addition, the codes and descriptions referencing CMSA will be 
updated to reference CREFC for the following Asset Class Items:

 CMBS Asset Class: Item 2(d)(28)(xii), Net Operating Income Net 
Cash Flow Securitization Code
 CMBS Asset Class: Item 2(d)(28)(xiii), Net Operating Income 
Net Cash Flow Code

    The ABS-EE Asset Data schemas will also be updated to allow whole 
integer numbers in decimal fields. 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).
    A Large Trader whose most recent Form 13H submission was a Form 
13H-I (Inactive) will now be able to subsequently submit a Form 13H-T 
(Termination), regardless of the elapsed time.
    Documentation only corrections relating to eXtensible Business 
Reporting Language (XBRL) formatting were made to Chapter 5, 
``Constructing Attached Documents and Document Types'' and Chapter 6 
``Interactive Data'' of the EDGAR Filer Manual: Volume II.
    On August 29, 2016, EDGAR Release 16.2.4 was updated to include two 
new submission form types--N-MFP2 and N-MFP2/A--to incorporate the 
amendments to Form N-MFP adopted by the Commission on September 16, 
2015.
    These two new submission form types will be accepted from the EDGAR 
Filing Web site via filer-constructed XML submissions, as described in 
the ``EDGAR Form N-MFP2 XML Technical Specification'' document 
available on the SEC's Public Web site (https://www.sec.gov/info/edgar/tech-specs).
    EDGAR will only accept TEST submissions for submission form types 
N-MFP2 and N-MFP2/A until October 13, 2016. Beginning on October 14, 
2016, submission form types N-MFP2 and N-MFP2/A will be accepted as 
LIVE or TEST submissions. After that date, filers will be prevented 
from submitting existing submission form type N-MFP1 beginning October 
14, 2016. Filers will also be prevented from submitting existing 
submission form type N-MFP1/A beginning October 14, 2017.
    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.
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    \4\ 5 U.S.C. 553(b).
    \5\ 5 U.S.C. 601-612.
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    The effective date for the updated Filer Manual and the rule 
amendments is September 30, 2016. 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 16.3 is scheduled to become available on September 19, 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.
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    \6\ 5 U.S.C. 553(d)(3).
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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\
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    \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.
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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:

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 24 (December 2015). The requirements for filing 
on EDGAR are set forth in the updated EDGAR Filer Manual, Volume II: 
``EDGAR Filing,'' Version 38 (September 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

[[Page 67120]]

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 a.m. and 3 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: September 20, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-23562 Filed 9-29-16; 8:45 am]
BILLING CODE 8011-01-P