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The Form S-1 Registration Statement is the primary SEC registration statement required when a company plans to register or offer securities for sale to the public in the United States. Understanding ‘what is an S-1 filing’ is crucial for any company preparing to go public. This foundational document is reviewed by the U.S. Securities and […]

On December 4, 2015, President Obama signed the “FAST Act” (Fixing America’s Surface Transportation Act), following which the SEC adopted amendments to Regulation S-K in March 2019 to facilitate companies. One of the amendments includes modification in CTR (Confidential Treatment Request), an application made by a registrant to the SEC requesting redaction of specific information […]

On Nov. 17, 2020, the SEC adopted rules and amendments to facilitate the electronic submission of documents. This press release covers a new law allowing e-signatures as the SEC’s attempt to combat the financial stress caused by Covid19 and adopted changes to the filing requirements proposed way back on Sept. 24, 2015 Facilitating electronic signatures […]

On Nov. 19, 2020, the SEC adopted amendments to specific financial disclosure requirements in Regulation S-K, proposed on Jan. 30, 2020. The commission has considered suggestions from the comment letters as well as the SEC Division of Corporation Finance. Overview: Eliminating Item 301 (Selected Financial Data): Registrants are not required to provide 5 years of […]

On March 2, 2020, the SEC adopted amendments to the financial disclosure requirements applicable to registered debt offerings under Rules 3-10 and 3-16 of Regulation S-X. Rules 3-10 and 3-16 renumbered as Rules 13-01 and 13-02 under a new article 13 in the same Regulation. The amendments will: Facilitate easy understanding of the disclosure Reduce […]

The Uniform Securities Act of 1956 forms the foundation of Blue Sky Laws in different states. Although the reference is the same, there are wide variations in each state’s rules and regulations, especially when it comes to filing fees. For example, while some states like Kansas charge a penalty for late filing, others like Indiana […]

On May 21, 2020, the SEC adopted amendments to existing rules on the acquired and disposition of business disclosures required in SEC filings to help provide better financial information to investors, early access to capital, and a reduction of the complexity of the entire process. The amended regulations will allow investors to assess the significance […]

On March 12, 2020, the SEC, in its press release, announced the adoption of amendments to the definition of accelerated filers and large accelerated filers. These changes are adopted in congruence with the views of the SEC and Congress to promote capital formation, preserve capital, and reduce unnecessary burdens for small issuers and provide investor […]

Salt Lake City, Utah, April 14, 2020: Colonial Stock Transfer is pleased to announce it has acquired Southridge Services, an EDGAR filing agent located in Salt Lake City, Utah. As a transfer agent, this new acquisition brings to the team a company that can provide additional support and operations for Colonial’s existing EDGAR filing operations […]

In its press release dated March 26 2020, the SEC announced temporary regulatory relief for Form ID filers, Regulation Crowdfunding and Regulation A issuers in addition to the relief already granted earlier this month. Present coronavirus pandemic is continuing to have catastrophic results on the market and its participants. The SEC has been hearing all […]

On March 4th, 2020 the SEC announced that it is providing relief for public companies that may not be able to meet SEC filing deadlines due to the effects of coronavirus COVID-19 which was first reported on December 31, 2019, in Wuhan, China. Conditional regulatory relief is provided for US companies located in or with […]

On January 30, 2020, the SEC proposed amendments to Modernize, Simplify, and Enhance some financial disclosure requirements in Regulation S-K. The focus is on eliminating duplicative disclosures and making changes to simplify compliance efforts for registrants. The new rule will add a new item 303(a) to state the principal objectives of MD&A, eliminate the tabular disclosure […]

The Securities Exchange Commission (SEC) recently proposed new rules that aim to create a more comprehensive approach to the regulation of funds’ use of derivatives (i.e. through business development companies and Registered Funds). The proposal is comprised of three components: new SEC Rule 18f-4 under the Investment Company Act of 1940 (“Act”); SEC Rule 15l-2 under […]

All companies have information they want to protect. Trade secrets, financial documents, and customer information to name a few. However, federal laws and regulations require companies to provide the SEC with certain information. Recently, changes have been made to relax the amount of confidential information companies must file. New amendments made to Regulation S-K now […]

The Securities and Exchange Commission (SEC) recently proposed amendments for the definitions of both an “accelerated filer” and “large accelerated filer” under the Securities Act Rule 405, Exchange Act Rule 12b-2, and Item 10(f) of Regulation S-K. Prior Smaller Reporting Company Definition Amendments Last year, the SEC amended the definition of a smaller reported company […]

On March 20, 2019, the Securities and Exchange Commission (SEC) published final rule amendments to the FAST Act, increasing the requirements and scope of the SEC’s new version of Inline XBRL (iXBRL) starting in July of 2019. Although there are many benefits in the amendments including measures for reduced disclosure, the additional iXBRL requirements will […]

The Securities and Exchange Commission (SEC) voted in August to adopt amendments designed to simplify and update disclosure requirements. These amendments were aimed to get rid of disclosure requirements that appeared to be duplicative, overlapping, or outdated. These amendments are designed to ease regulatory burdens on issuers, while facilitating disclosure to investors. The amendments became effective […]

The Securities and Exchange Commission (SEC), proposed a rule change in July to amend Securities Act Rule 701(e). The rule creates a registration exemption for securities issued by non-reporting companies pursuant to compensatory arrangements. The SEC amendments were required by the Economic Growth, Regulatory Relief, and Consumer Protection Act, and increased the threshold where issuers […]

The Securities and Exchange Commission (SEC) expanded the number of companies that qualify as a “smaller reporting company” (SRC) and the existing scaled disclosure accommodations for these SRC’s. The SEC estimates that approximately 1000 companies will now qualify for the scaled disclosures. Scaled disclosures enable companies to provide less information, specifically for executive compensation and […]

In a 4-1 vote on June 28, 2018, the Securities and Exchange Commission (SEC) voted to adopt several amendments to the existing XBRL reporting requirements. Instead of the existing requirements which mandate that companies submit XBRL exhibits along with their HTML filings for quarterly and annual financial statements, companies can now submit Inline XBRL filings. […]

In June, the Securities and Exchange Commission (SEC) adopted new public liquidity-related disclosure requirements for several open-end funds. These disclosure changes would now require funds to disclose, in either their annual or semi-annual shareholder report, the operations and effectiveness of their liquidity risk management programs. These amendments would replace the current pending requirement that funds […]

When looking for the best SEC filing agent to handle your SEC filing needs, most filers seek a company that offers not only competitive pricing, but also professional quality services. Although competitive SEC filing fees should be expected, professional quality output, reliability, accuracy, and good customer service should be more important for you and your […]

XBRL is an electronic language for financial reporting that is freely licensable, and based on XML framework. It acts as the standard in the financial circles for preparing, publishing in various formats, extracting and automatically exchanging financial statements of publicly-held companies and the information contained in them. XBRL filing requirements enhance the usability of the […]

Colonial Filings, Inc. is excited to announce the release of our investor website hosting services, allowing clients to take advantage of integrated SEC filing data hosting, stock charting, and news applications for their corporate investor websites. As an industry leading, financial printer and SEC filing agent, Colonial Filings prides itself on being able to provide […]