By Staff Reporter |
Arizonans can now access records of mutual fund notice filings online.
The Arizona Corporation Commission (ACC) announced that the state began accepting mutual fund notice filings electronically on Monday.
The filings are available on the Electronic Filing Depository (EFD), an application system maintained by the North American Securities Administrators Association (NASAA).
The ACC’s Securities Division oversees mutual fund notice filings. Division Director Mark Dinell said in a statement that enabling EFD usage improved efficiency for investor regulation.
“The Securities Division is committed to providing efficient, modern regulatory services that facilitate lawful capital formation while maintaining Arizona’s strong investor protection standards,” said Dinell. “Arizona’s participation in the NASAA EFD offers issuers and their representatives an additional electronic filing option that streamlines the submission process, improves administrative efficiency, and supports timely access to Arizona’s capital markets without compromising the division’s regulatory oversight responsibilities.”
The EFD also has the capability of maintaining the electronic submissions of other notice filings to include Rule 506 offerings, unit investment trusts, and franchise registrations, though Arizona only allows for several filing types.
Going forward, the EFD will allow both the ACC and authorized filers to reduce paper submissions and administrative processing for mutual fund notice filings.
In addition to the ability to submit those filings electronically, authorized filers may pay applicable Arizona filing fees online, manage filings and renewals through a centralized portal, review filing status and history, and receive electronic confirmation of submitted filings.
The EFD also enables Arizonans to search and view filings submitted using the system, at no cost to the public.
Arizona is one of 22 states and territories that allow electronic filing through EFD for mutual fund notices: Alaska, Delaware, Georgia, Idaho, Kentucky, Louisiana, Massachusetts, Minnesota, Montana, New Jersey, North Dakota, Ohio, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Vermont, Virginia, West Virginia, and Wisconsin.
Kentucky also joined the EFD for mutual funds filings on Monday.
All other states, as well as the District of Columbia and the Virgin Islands, are in the process of allowing that kind of electronic filing through EFD.
Arizona began accepting EFD submissions of initial and amendment filings for Regulation D, Rule 506 offerings in 2023. The ACC still accepts paper filings for those as well.
Arizona does not allow electronic submissions through the EFD for notices of unit investment trusts or other filings through the universal filing type.
Also on Monday, the ACC issued its annual report for the 2025-26 fiscal year. ACC Chair Nick Myers said highlights of the fiscal year aligned with the commissioners’ commitment to safety, reliability, and affordability when it comes to utilities, entrepreneurship, and investing.
“The commission has continued strengthening Arizona’s grid, championing regulatory stability and efficiency, and eliminating subsidies and cost shifts,” stated Myers.
Highlights included grid stability proven by the lack of rolling blackouts and major power outages, nearly 8,000 megawatts of new electricity generation, electricity prices below the national average marked by a 1.2% decrease compared to a 7% national increase, a new online business filing portal called the Arizona Business Center, and more than $76 million in revenue contributed to the state’s general fund.
AZ Free News is your #1 source for Arizona news and politics. You can send us news tips using this link.
