SEC Adopts Rules to Facilitate Electronic Submission of Documents

The US Securities and Exchange Commission has amended Regulation S-T and the EDGAR Filer Manual to permit the use of electronic signatures for filings on EDGAR that are required to be signed and has made corresponding revisions to various rules and forms under the Securities Act of 1933, the Securities Exchange Act of 1934 and the Investment Company Act of 1940. This Legal Update provides further detail and notes practical considerations for filers.