What 200,000+ Regulatory Filings Teach You About Flawless Compliance

Here’s what we’ve learned from over 200,000 regulatory filings—and how you can apply it:

For the 200+ Canadian companies also listed in the United States, the stakes for regulatory compliance have never been higher. A single filing error can trigger significant stock price volatility and lead to major financial and reputational damage.

SEDAR+ and EDGAR process thousands of filings every day. In just its first three months, SEDAR+ handled over 30,000 disclosures. EDGAR, meanwhile, processes nearly 3,500 submissions daily—totalling more than a million annually.

In this high-volume environment, how can you ensure your filing isn't just another number, but is prepared and submitted flawlessly?

After managing over 200,000 filings since 1997, we’ve seen it all, from seamless submissions to last-minute scrambles. Here are the three hard-won lessons we’ve learned from decades in the filing trenches.

The Trusted Compliance Formula

Lesson 1: Adopt Specialized Technology for Regulatory Filings

Our decades of experience have taught us a clear lesson: the foundation of any flawless filing is technology that is built specifically for the complexities of regulatory compliance.

The Insight:  The data-centric nature of Canada's SEDAR+ system, combined with the unique security protocols of EDGAR Next in the U.S., demands a platform built with a deep understanding of the entire filing process.

This experience led to a foundational conclusion for our team: to truly guarantee flawless compliance, we had to build our own proprietary EDGAR platform from the ground up. It was designed from a filing agent's perspective, solving the real-world challenges our experts face every day. The result is an enterprise-grade system trusted to handle disclosures for some of the largest public companies in North America.

Lesson 2: Unify Your Cross-Border Expertise

A company can have the best EDGAR expert in the U.S. and a different, top-tier expert for SEDAR+ in Canada and still face significant compliance risk. Why? Because critical and costly errors often occur in the communication gaps between separate teams.

The Insight:  Our work with dual-listed issuers has proven one principle above all else: true expertise must be comprehensive and cross-border.

In Canada, our experience as a leading, high-volume SEDAR+ filer includes mastery of the full spectrum of documents, from prospectuses to continuous disclosure filings like financial statements, MD&A, and material change reports.

This is complemented by over two decades of dedicated EDGAR experience in the U.S., encompassing more than 80,000 U.S. filings since 1999. Our proficiency covers an equally wide array of reports crucial for cross-border issuers, including Forms 10-Q, 10-K, 20-F, and 40-F.

This proven, dual mastery is what has shown us that unified expertise is essential. A truly effective partner must have a single team of specialists who are deeply fluent in both ecosystems, ensuring your filing strategy is holistic, consistent, and accounts for the intricate ways the two systems interact.

Lesson 3: Integrate the Entire Disclosure Workflow

Even with specialized technology and a unified team, a fragmented process creates friction and increases risk. That’s why the final principle focuses on fully integrating your disclosure workflow, from the first draft to the final submission.

The Insight: 

Integration means treating disclosure as one continuous process instead of separate tasks. It ensures your public news distribution and regulatory filings through SEDAR+ and EDGAR are aligned and managed from one point of control.

This approach eliminates risky manual handoffs, creates a clear audit trail, and guarantees that the message shared with investors matches what regulators receive.

Coordinating filings across both the SEDAR+ and EDGAR systems demands seamless timing and integrated workflows.

Putting These Principles Into Practice

These lessons aren't theoretical. They are the foundation of our entire approach, forged over a history of more than 200,000 successful regulatory filings. This legacy of market leadership, now backed by the trust and stability of TMX Group, is why we built our proprietary technology and trained our unified, 24/7 team of cross-border specialists. We didn’t just learn the principles; we built our business on them.

Flawless compliance in today's environment requires this exact combination: specialized technology, unified expertise, and an integrated workflow. These are the proven essentials for navigating the complexities of SEDAR+ and EDGAR Next with confidence. And they’re exactly what our team delivers every day.

Contact TMX Newsfile to learn how our proven approach can be applied to your disclosure workflow.