EDGAR Release 24.4

On December 16, 2024, EDGAR Release 24.4 will introduce the following changes:

EDGAR Filing Website Updates for Release 24.4

• On October 13, 2023, the SEC adopted new Rule 13f-2 and related Form SHO to provide greater transparency through the publication of short-sale related data to investors and other market participants. Under Rule 13f-2, an institutional investment manager ("Manager") that meets certain prescribed reporting thresholds will report certain short position and short activity data for certain equity securities on Form SHO. A Manager will file Form SHO using either a fillable web form available on EDGAR, or its own software tool that utilizes a Form SHO-specific XML. The Commission will thereafter anonymize, aggregate, and publish certain data collected from the forms received. EDGAR will be updated in accord with this new rule. See Short Position and Short Activity Reporting by Institutional Investment Managers, Release No. 34-98738 (Oct. 13, 2023). See also Chapters 8.2.41 and 8.2.42 of EDGAR Filer Manual 24.4, Vol. II.
• The Form 24F-2 online application and XML schema will be modified to include updates to the Form 24F-2 introduced by the Rule. After the date of this EDGAR release, all Form 24F-2 filers will need to comply with the updated requirements. Submissions created using earlier versions of the schema will be suspended.
  
  Additionally, online form filers will be unable to restore a Form 24F-2 created and saved prior to the release date and will be prompted to create a new filing.

Online Forms Updates for Release 24.4

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Filer Management Updates for Release 24.4

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EDGAR Portal Updates for Release 24.4

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Company Database Updates for Release 24.4

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XBRL Updates for Release 24.4

• EDGAR updated on September 30, 2024 to allow RXP filings in Inline XBRL in addition to traditional XBRL-XML format.
• EDGAR will be updated to accept the 2024Q4 version of the Variable Insurance Products (“VIP”) XBRL taxonomy, which incorporates new disclosure requirements on Form N-4 for non-variable annuities.
• Starting January 1, 2025, all new inline XBRL filings will display with IXViewer Plus on SEC.gov. IXViewer Legacy will remain in use for existing filings and those submitted through December 31, 2024 (except for those with multiple inline XBRL documents or instances, or a reference to ffd or sbs taxonomy, which will continue to use IXViewerPlus).

EDGARLink Online Updates for Release 24.4

• In October 2023, the Commission adopted amendments that require beneficial ownership reports on Schedules 13D and 13G be filed using a structured, machine-readable data language. EDGAR has been updated to replace the HTML and ASCII filing formats for Schedules 13D and 13G (e.g. SC 13D, SC 13G; respectively) and their amendments, with an XML-based filing format (e.g. SCHEDULE 13D, SCHEDULE 13G; respectively). See Modernization of Beneficial Ownership Reporting, Release No. 33-11253 (Oct. 10, 2023). Note: Certain Schedule 13D amendments may continue to be filed in HTML, see EDGAR Filer Manual for more details.
• On July 1, 2024, the Commission adopted Registration for Index-Linked Annuities and Registered Market Value Adjustment Annuities; Amendments to Form N-4 for Index-Linked Annuities, Registered Market Value Adjustment Annuities, and Variable Annuities; Other Technical Amendments. The Rule requires registered index-linked annuities and registered market value adjustment annuities (collectively, "non-variable annuities") to register on Form N-4 and pay their fees on Form 24F-2. See Registration for Index-Linked Annuities and Registered Market Value Adjustment Annuities; Amendments to Form N-4 for Index-Linked Annuities, Registered Market Value Adjustment Annuities, and Variable Annuities; Other Technical Amendments, Release No. 33-11294 (July 1, 2024).
• The following changes will be made to allow filers to comply with the new requirements:
  • EDGAR will be modified to automatically accept initial N-4 submissions from Securities Act of 1933 ("1933 Act") only filers. Upon acceptance, EDGAR will assign a new 1933 Act File Number (333-) to the submission.
  • EDGAR will no longer require registrants with an investment company type of N-4 to have an Investment Company Act of 1940 file number (811-) in order to make N-VPFS filings. N-VPFS filings made by non-variable annuities will be accepted by EDGAR as long as the filer has a 1933 Act File Number.
  • Three new exhibits will be available to Form N-4 filers:
    • EX-99.4p PWR ATTY
    • EX-99.4q ACCT LTR
    • EX-99.4r HISTORIC
• The Fee Exhibit Preparation Tool (FEPT) has been updated as follows:
  • Submission type "N-2" will be added to the list of forms in the "Carry Forward Form Type" field when the Security Type selected is "Unallocated (Universal) Shelf".
  • FEPT will generate a warning message if filers attempt to claim offsets at the time of initial registration when relying solely on Rule 457(u) for submission form types F-3D and S-3D.

If you have any questions, please contact Filer Support at (202) 551-8900 (Option 3)