SEC Adopts Temporary Final Rule 10(c) to Address Form ID Notarization Challenges
By Toppan Merrill
1 min read | Industry Insights Insights Home

SEC Blog

The Securities and Exchange Commission and its staff recognizes that the COVID-19 public health crisis has presented challenges for some entities and individuals who require initial access to file in EDGAR; in particular, some applicants for EDGAR access have experienced difficultly obtaining notarization of the authorized signature on the Form ID application, required by Rule 10(b) of Regulation S-T. 

In response, the Commission announced that it is adopting interim temporary final Rule 10(c) to permit applicants for EDGAR access to upload a signed copy of Form ID (completed online) without the notarization, containing a statement that applicants were unable to obtain notarization due to difficulties related to COVID-19.  In addition, within 90 days of obtaining access to EDGAR under the temporary rule, applicants must obtain notarization of the authorized signature on a copy of the completed Form ID and upload it as correspondence to their EDGAR account.  If applicants using the temporary rule do not do so, the SEC may inactivate their EDGAR access codes. 

Similar notarization requirements concerning EDGAR access exist for paper convert to electronic filer access and manual passphrase reset procedures, and those notarization requirements will follow the temporary rule.

The SEC Staff will accept applications for access that comply with the interim temporary final rule filed on or after March 26, 2020 through July 1, 2020.

The temporary rule can be reviewed on the SEC website at https://www.sec.gov/rules/interim/2020/33-10768.pdf.   

Questions should be directed to the Securities and Exhange Commision Filer Support number at 202-551-8900 Option 4.

 

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Toppan Merrill


Toppan Merrill, a leader in financial printing and communication solutions, is part of the Toppan Printing Co., Ltd., the world's leading printing group, headquartered in Tokyo with approximately US$14 billion in annual sales. Toppan Merrill has been a pioneer and trusted partner to the financial, legal and corporate communities for five decades, providing secure, innovative solutions to complex content and communications requirements. Through proactive partnerships, unparalleled expertise, continuous innovation and unmatched service, Toppan Merrill delivers a hassle-free experience for mission-critical content for capital markets transactions, financial reporting and regulatory disclosure filings, and marketing and communications solutions for regulated and non-regulated industries. With global expertise in major capital markets, Toppan Merrill delivers unmatched service around the world.


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