SEC Encourages Participation in EDGAR Filing Fee Beta Test
The SEC will open the EDGAR Filing Fee Beta test on October 2, 2023. The SEC encouraged filers to participate in the Filing Fee Beta test before it closes on December 22, 2023.
The Beta test allows for testing of the technical and structured data aspects of the Filing Fee Disclosure and Payment Methods Modernization rule.
The new filing system will (i) require companies and funds to report filing fee calculation information in "a structured format" in "fee-bearing forms, schedules and required [filings]" and (ii) provide new Automated Clearing House and debit and credit card payment options for filing fees (see previous coverage).