SEC Implements Changes to EDGAR System

Washington, DC, February 6, 2006 – The SEC has adopted rule amendments that would require certain mutual funds to identify each of their series or share classes in electronic filings.

Background
The SEC adopted the new rules on January 27, 2006. Prior to the latest SEC action, funds were required to use a central index key (CIK) in their filings, but a CIK could be used for multiple funds or series of funds offered by a particular fund shop. By using a unique identifier, the public and SEC staff will be able to search for individual share classes and series of funds. The changes apply to new SEC filings.

ICI Position
The Institute supported the new EDGAR filing rules in a 2004 comment letter, which noted that such a change would enable investors and others using the EDGAR system to easily search for and identify filings relating to a particular series, share class, or contract.

Related Links
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