SEC Extends Investment Fund Reporting Form N-CSR
Published Date: 5/18/2026
Notice
Summary
The SEC is asking to keep using Form N-CSR, which registered investment funds use to share important reports with shareholders and the public. This form helps make sure funds follow the rules and share info on time—usually within 10 days after sending reports to shareholders. It costs funds about 228,000 hours and $6 million yearly to prepare these reports, and this extension keeps things running smoothly without changes.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Continued Reporting Burden on Investment Funds
The SEC estimates Form N-CSR imposes 202,306 burden hours per year across funds, with an annual external cost burden of $15,140,320 and an internal cost burden of $6,129,524. The estimate covers 13,052 respondents submitting two responses per year, with 7.75 hours per response.
Funds Must Keep Filing Shareholder Reports
Registered investment funds must continue to file certified shareholder reports on Form N-CSR with the SEC no later than 10 days after the report is sent to stockholders. The filings are mandatory and the information is made publicly available so the public and regulators can verify funds’ compliance with securities laws.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-13521 — Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt a Policy Relating to the Exchange's Treatment of Trade Reports
NYSE Texas just rolled out a new policy to handle trade reports that don’t match the usual market prices. This change affects traders and investors by making sure weird or off-price trades don’t mess up the market’s true picture. The policy is effective immediately, helping keep trading fair and clear without any extra costs.
2026-13532 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule Regarding Fees and Rebates Applicable to Manual Transactions
Starting now, NYSE American is changing how it charges fees and gives rebates for manual options trades. Market Makers will see updated fees on non-Penny stocks, and Floor Brokers will get new rebates when they trade with Market Makers on the floor. These changes kick in immediately and could affect how much traders pay or earn during manual transactions.
Previous / Next Documents
Previous: 2026-09924 — PJM Governance and Stakeholder Reforms; Notice of Commission-Led Technical Conference
The Federal Energy Regulatory Commission is hosting a public meeting on July 23, 2026, to talk about how PJM runs its operations and how it can improve decision-making. This affects energy companies, stakeholders, and anyone interested in how electricity is managed in the region. The goal is to find ways to make PJM faster and smarter without any fees to join or complicated sign-ups.
Next: 2026-09926 — Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; International Dolphin Conservation Program
NOAA is updating how it collects information for the International Dolphin Conservation Program by removing five data collections and renewing sixteen others without changes. This affects fishermen, businesses, and agencies involved in dolphin-safe fishing practices. Comments on these changes are open until July 17, 2026, with no new costs expected.