The Securities and Exchange Commission on Sept. 14, 2026, issued an order granting exemptive relief from certain Inline XBRL filing and submission requirements adopted on Dec. 16, 2024. The relief covers specified forms and reports used for market intermediaries, while preserving the Inline XBRL requirements for Exhibit H to Form CA-1 and Exhibit I to Form 1.
Under the order, exemptive relief applies to Form CA-1 other than Exhibit H, Form 1 other than Exhibit I, Form X-17A-5 Part III, Form 17-H, and the annual compliance report of a security-based swap dealer or major security-based swap participant.
The SEC said these forms and submissions are specific to market intermediaries. The Commission primarily uses them to assess whether registered entities meet legal, financial, operational and other relevant standards necessary to comply with the Exchange Act.
“This exemptive order – which provides commonsense relief without sacrificing investor protection – will reduce compliance costs and enable market participants to more efficiently allocate resources, including to support or enhance their operations and existing compliance obligations,” SEC Chairman Paul S. Atkins said.
Atkins said the action advances the Commission’s effort to transform its rulebook by removing what he described as immaterial requirements that burden the market without materially benefiting investors. The SEC expects the relief to reduce potentially significant unnecessary compliance costs that firms might otherwise pass on to investors through higher fees, without meaningful gains in transparency or data accessibility for investors.