US

SEC issues new rules on mandatory electronic filing & translation requirements for non-US issuers

Richard Baumann, Norton Rose, London. Assisted by associates. Jessica Lieberman and Jessica Yeh

The US Securities and Exchange Commission (SEC) has adopted final rules that will amend the rules governing its Electronic Data Gathering Analysis and Retrieval (EDGAR) system – the system by which companies must file their securities documents with the SEC in electronic format.The new rules require all non-US issuers of securities, including non-US governments, that have to file documents publicly with the SEC to file those documents electronically, rather than in paper form, through the EDGAR system.