SEC Allows Electronic Signatures

December 3, 2020

On November 17, 2020, the United States Securities and Exchange Commission (SEC) adopted amendments to Rule 302(b) of Regulation S-T and the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) Filer Manual (EDGAR Filer Manual) to permit the use of electronic signatures (e-signatures) when executing authentication documents related to electronic filings made on EDGAR.  The SEC also adopted corresponding revisions to certain other rules and forms under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, to allow the use of e-signatures for certain filings.  These amendments will now permit the use of e-signatures in connection with the filing of annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, foreign private issuer reports on Form 6-K and registration statements on Forms S-1, S-3, S-8, F-1, F-3, and F-6. 

To continue reading our alert on this topic, please click here.