In 2018, the Securities and Exchange Commission finalized a rule requiring mutual funds to transition from conventional XBRL to Inline XBRL. The rule also eliminated the waiting period that allowed mutual funds to submit their XBRL files 15 days after the unstructured (HTML) data was published.
Large fund groups made the transition last year. This year, the second phase begins on September 17, 2021. Small fund groups with less $1 billion in net assets must begin formatting their Risk/Return Summaries using Inline XBRL, rather than conventional XBRL. Attend this session to learn the fundamentals of Inline XBRL and how your process may need to change in the transition. Hear lessons learned from the first roll-out of large fund groups last year. Hear the SEC’s Division of Investment Management on lessons learned from last year’s roll-out for large funds.
- Michael Boyle, XBRL Manager, Donnelley Financial Solutions (DFIN)
- Steven Horowitz, Manager of Technical Services and Web Applications, Novaworks LLC
- Jacob Sandoval CFA, CPA/ABV, CAIA, Branch Chief, U.S. Securities and Exchange Commission, Division of Investment Management, Disclosure Review and Accounting Office
- Guy Stanzione, Compliance Services Director, Toppan Merrill
This event is free to attend, with an option to participate and earn 1 CPE for $49 ($39 XBRL US Members) – look for details in the registration confirmation.