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EDGAR Output is a point in time documents

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EDGAR Output is a point in time documents

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Important for review and future change consideration

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ShowXSF issues will not be fixed

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Standard client journey

Ad-hoc free from

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Changes made to document A can have negative impacts to Document 2 & 3.

Difficult to QC all outputs during PDF/Style changes

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Reviews too early can provide false positives

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Reviews too early can provide false positives

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Goes to T3

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Is it cosmetic
Is it SEC compliance

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Content
Style

Limited Scope

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The issue is client preference rather than SEC needs

Needs to meet past traditional

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Cosmetic
Indentation between EDGAR v PDF

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Expectations

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Targeted HTML update (~24 TAT)
Full reverse engineering of PDF (~24 - 48 TAT)
At a cost to DFIN

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Done offline:
Client expectations