The process of submitting detailed N-SAR filings with the SEC is a complex process, involving the assembly of time-consuming exhibits and supplemental information (with references generally disallowed) and the completion of a form in excess of 50 pages.
Further complicating the process are dozens of pages of detailed SEC requirements and directions. In sum, the process is an intricate, time-consuming compliance hurdle that occurs every six months.
Merrill eases the burden with Merrill N-SAR Manager, a sophisticated but easy-to-use, secure Web-based solution that enables N-SAR teams to collaborate on the filing process.
Team members can import data and files, update SEC-standard N-SAR answer files and validate answer file data. They can also attach exhibits and file the submission directly with the SEC – all with far less time, error, effort and expense.
Minimize preparation time
With Merrill N-SAR Manager, you can import existing Microsoft® Excel files, other external data sources (including MerrillReports) and previous N-SAR answer files. Your team can preview, route, review, compare and approve answer files prior to filing.
You follow the same structured N-SAR filing process used with SEC DOS-based software, but you'll find that the power and simplicity of Merrill’s approach is a giant step forward in usability and organization.
Simplify creation and submission
With Merrill N-SAR, team members can simultaneously edit different sections of the N-SAR filing. They can import exhibits as text or HTML files, create SEC-ready compliant answer files and identify errors before filing.
Finally, with one click, they can submit the filing to the SEC and receive e-mail notification of the status of the submission.
