By:  Cydney Posner

The SEC has announced that, starting on May 22, 2006, Corp Fin will use EDGAR to issue notifications of effectiveness for Securities Act registration statements and post-effective amendments, other than those that become effective automatically by law. These notifications will be posted to EDGAR the morning after a filing is declared effective. The SEC will no longer send out paper effectiveness orders; however, phone notification will continue to be available. In addition, after May 22, 2006, the SEC's website will include a list of filings declared effective on the previous business day. The effectiveness notices will be posted as an EDGAR form type called "EFFECT."

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