Rulemaking for EDGAR System

The Securities and Exchange Commission is modernizing the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. Beginning June 28, 1999, we will be able to accept filings submitted to EDGAR in HyperText Markup Language (HTML) in addition to documents submitted in the current American Standard Code for Information Interchange (ASCII) format; filers also will have the option of accompanying their required filings with unofficial copies in Portable Document Format (PDF). Beginning May 24, 1999, and continuing through June 25, 1999 (the test period), filers may submit test filings that include documents in HTML and PDF format; filers electing to submit test HTML and/or PDF documents during the test period must do so in accordance with the new rule provisions. In this release, we are adopting rule amendments reflecting initial changes to filing requirements resulting from EDGAR modernization, as well as other changes clarifying or updating our rules.