Page:United States Statutes at Large Volume 101 Part 2.djvu/265

 PUBLIC LAW 100-181—DEC. 4, 1987

101 STAT. 1251

"(5) The fees, revenues, costs, and profits obtained or incurred by the contractor as a result of the required dissemination of information from the system to the public under the EDGAR contract, except that the information required under this paragraph (A) need be obtained from the contractor no more frequently than once each year, and (B) may be submitted to the Congress as a separate confidential document. "(6) Such other information or recommendations as the Commission considers appropriate. "(c) On or before the date the Commission enters into the contract for the EDGAR system, the Commission shall submit to the Committees on Banking, Housing, and Urban Affairs and Governmental Affairs of the Senate and the Committees on Energy and Commerce and Government Operations of the House of Representatives a certification by the Commission— "(1) of the total contract costs to the Federal Government of the EDGAR system for each of the 3 succeeding fiscal years; "(2) that the Commission has analyzed the quantitative and qualitative benefits to be obtained by the establishment and operation of the system and has determined that such benefits justify the costs certified pursuant to paragraph (1); "(3) that (A) the contract requires the contractor to establish a schedule for the implementation of the system; (B) the Commission has reviewed and approved that schedule; and (C) the contract contains adequate assurances of contractor compliance with that schedule; "(4) of the capabilities which the system is intended to provide and of the competence of the contractor and of Commission personnel to implement those capabilities; and "(5) that mandatory filings from a significant test group of registrants will be received and reviewed by the Commission for a period of at least six months before the adoption of any rule requiring mandatory filing by all registrants. "(d) The Commission, by rule or regulation— "(1) shall provide that any information in the EDGAR system that is required to be disseminated by the contractor— "(A) may be sold or disseminated by the contractor only is pursuant to a uniform schedule of fees prescribed by the Commission; A-rtT "(B) may be obtained by a purchaser by direct interconnection with the EDGAR system; II,. • "(C) shall be equally available on equal terms to all persons; and "(D) may be used, resold, or redisseminated by any person who has lawfully obtained such information without .*» restriction and without payment of additional fees or royalties; and "(2) shall require that persons, or clcusses of persons, required to make filings with the Commission submit such filings in a form and manner suitable for entry into the EDGAR system and shall specify the date that such requirement is effective with respect to that person or class; except that the Commission may exempt persons or classes of persons, or filings or classes of filings, from such rules or regulations in order to prevent hardships or to avoid imposing unreasonable burdens or as otherwise may be necessary or appropriate; and

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