The Securities and Exchange Commission (SEC) is rolling out EDGAR Next, a major overhaul of its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, starting on March 24, 2025. This change introduces a new security and account management framework that filers must adopt to maintain compliance and uninterrupted filing capabilities. While these updates are designed to enhance security and streamline processes, the transition can be complex. Infinite Equity is here to ensure you navigate EDGAR Next seamlessly.
What’s Changing?
- Login.gov Integration
- The new EDGAR Filer Management dashboard will require individual Login.gov credentials with multifactor authentication.
- This added security measure ensures that only authorized individuals can access and manage EDGAR accounts.
- Revised Form ID Process
- As of March 24, 2025, new and existing filers must use an updated Form ID to gain or maintain access.
- The new Form ID mandates additional disclosures, including past securities law violations, increasing compliance obligations.
- Mandatory Enrollment Period
- March 24 – September 12, 2025: All existing filers must complete the one-time enrollment to transition to EDGAR Next.
- After September 12, 2025: Filers who haven’t enrolled may continue the process until December 19, 2025, but won’t be able to file until their enrollment is complete.
- Legacy Access Termination
- After September 15, 2025, any filer who hasn’t completed enrollment will be unable to file on EDGAR until they do.
- After December 19, 2025, non-enrolled filers will need to submit a new Form ID application to regain access.
How Infinite Equity Can Help
EDGAR Next represents a significant shift, and preparing now is crucial. At Infinite Equity, we understand the complexities of SEC compliance and can help ensure a smooth transition by:
✔ Providing Expert Guidance – Our compliance specialists will walk you through the new Login.gov integration, Form ID process, and enrollment deadlines.
✔ Facilitating a Seamless Enrollment – We assist in gathering the necessary documentation and submitting the required information to ensure timely compliance.
✔ Managing Your Filing Strategy – We help coordinate across your internal teams and third-party filing agents to avoid disruptions.
✔ Ongoing Compliance Support – Our team keeps you informed of any additional SEC updates and best practices for EDGAR Next adherence.
Steps You Can Take Today
🔹 Set Up Login.gov Credentials – Every individual managing EDGAR filings should create an account now to avoid delays.
🔹 Identify Your Account Administrators – Appoint at least two individuals responsible for overseeing EDGAR access and annual confirmations.
🔹 Ensure Updated Power of Attorney (POA) for All Filers – Confirm that all filers have an up-to-date POA in place to streamline authorization and compliance.
🔹 Develop a Transition Plan – Coordinate with Infinite Equity to strategize your enrollment process and compliance roadmap.
Don’t Wait – Get EDGAR Next-Ready with Infinite Equity
The clock is ticking, and failure to enroll by the deadlines could disrupt your filing activities. Infinite Equity is here to ensure you remain compliant and confident in your SEC filings. Contact us today for expert guidance and a customized transition plan.
