How does EDGAR treat Annual Reports to Security Holders and Certain Proxy Materials?
The treatment of annual reports differs for Corporation Finance, Investment Company, and Public Utility Holding Company filers. • Annual reports to security holders (glossy reports) for Corporation Finance filers frequently contain extensive graphic information that is difficult to prepare in electronic format. Accordingly, the rules provide special treatment for these documents. As discussed above, Rule 101 of Regulation S-T provides that filers may furnish glossy reports for the Commission’s information as required by the proxy and information statement rules (e.g., Exchange Act Rule 14a-3(c)) in either paper or electronic format. In contrast, Rule 303 of Regulation S-T states that if the glossy report is incorporated by reference into any filing – for example, a Form 10-K or a Form S-2 – filers must file the portions incorporated by reference in electronic format as an exhibit. The same is true for a quarterly report to security holders incorporated by reference into a filing. • Inv
