Regulatory Alerts2021-12-09 | 2021-22756Added · Updated
Filing Fee Disclosure and Payment Methods Modernization
The Securities and Exchange Commission adopted final rules to modernize filing fee disclosure and payment methods by requiring structured Inline XBRL formatting for fee calculations. The amendments eliminate paper check and money order payment options while adding Automated Clearing House, debit, and credit card payment methods. These changes aim to enhance validation efficiency, reduce manual processing errors, and lower costs for both filers and the Commission.
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