# 2025-17402: SEC Delays Digital Switch for Brokers: One More Year to Prep

2025-17402, Extension of Compliance Dates for Electronic Submission of Certain Materials Under the Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report, is a Federal Register rule from Securities and Exchange Commission published 2025-09-10, effective Extending by twelve months the compliance dates for certain rule amendments the Commission adopted on December 16, 2024, regarding electronic submission of certain materials under the Exchange Act and amendments to the FOCUS Report (Form X-17A-5). (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-17402
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-17402
- Title: Extension of Compliance Dates for Electronic Submission of Certain Materials Under the Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report
- Type: Rule
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 43552
- Published: 2025-09-10
- Effective: Extending by twelve months the compliance dates for certain rule amendments the Commission adopted on December 16, 2024, regarding electronic submission of certain materials under the Exchange Act and amendments to the FOCUS Report (Form X-17A-5).
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: 3235-AL85
- Last updated: 2026-06-08

## In one line

SEC Delays Digital Switch for Brokers: One More Year to Prep

## Summary

The SEC is giving broker-dealers and security-based swap dealers an extra year to switch to electronic filing for some reports under the Securities Exchange Act. This delay means they have more time to get their digital paperwork in order without rushing. No new fees or penalties—just a friendly extension to help everyone adjust smoothly.

## Abstract

The Securities and Exchange Commission ("Commission") is extending by twelve months the compliance dates for certain of the rule amendments the Commission adopted on December 16, 2024, regarding the electronic submission of certain materials under the Securities Exchange Act of 1934 ("Exchange Act") and amendments to the FOCUS Report (Form X-17A-5), a periodic financial and operational report filed by broker-dealers and security-based swap dealers.

## Effects PRIA read

- 12-Month Filing Deadline Delay: benefit, low. The SEC is giving broker-dealers and security-based swap dealers an extra twelve months to meet new electronic filing requirements adopted on December 16, 2024. This extension also applies to amendments to the FOCUS Report (Form X-17A-5). There are no new fees or penalties attached to this one-year…

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## Sources
- [2025-17402 on federalregister.gov](https://www.federalregister.gov/documents/2025/09/10/2025-17402/extension-of-compliance-dates-for-electronic-submission-of-certain-materials-under-the-securities)
- [2025-17402 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-09-10/pdf/2025-17402.pdf)

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Source: PRIA, https://policyrisk.com/federal-register/2025-17402 (as of 2026-06-08).