No Restrictions on Dissemination or Use of Information and Technology Submitted in Response to Solicitation
In order to meet the SEC’s mission requirements, it is vital that the U.S. GAAP Financial Statement Taxonomy, any subsequent modifications to it, and any future taxonomies derived from it can be used by the public, royalty-free, in U.S. GAAP reporting or in derivative works that comment on, explain, or assist in the use or implementation of the U.S. GAAP Financial Statement Taxonomy. In addition, some or all of the U.S. GAAP Financial Statement Taxonomy may be used in developing taxonomies for other agencies of the U.S. Government. The SEC has arranged for XBRL US, Inc. (“XBRL US”) to own all right, title and interest in the U.S. GAAP Financial Statement Taxonomy and all technical data, software, documentation, manuals, instructional materials, and other information created in connection with the U.S. GAAP Financial Statement Taxonomy. The SEC has an unlimited license in the GAAP Financial Statement Taxonomy and this other information and materials pursuant to Federal Acquisition Regulation (“FAR”) 52.227-11, 52.227-14 (Alternative IV) and 52.227-16.
Accordingly, as a Commenter you must not include in your feedback any information or technology that cannot be freely disclosed to and used by the public. By submitting feedback, you (i) acknowledge that XBRL US or the SEC may publish or otherwise make available any and all such information or technology to the public or to any person for any use or purpose, and (ii) hereby assign to XBRL US all right, title and interest in any such information or technology, including any copyrights or patents therein. In addition, by providing information or technology to XBRL US as part of your feedback, you represent, warrant and covenant to XBRL US that such information or technology does not and will not infringe the intellectual property rights of any third party.
XBRL US, the SEC, and the United States Government shall incur no liability to any third party, including you or other Commenters, arising from your submission of information or technology while providing feedback or from any publication or use of such information or technology. By submitting information or technology, you waive any claim against XBRL US, the SEC or the United States Government arising from the submission, or the publication or use, of the information or technology.
Neither XBRL US nor any other person shall be required to pay you any royalties or other compensation arising from your submission of information or technology in your feedback, or from XBRL US’s dissemination thereof, or from any use of the information or technology by a person to whom XBRL US has disclosed it.
By receiving information or technology submitted in your feedback, XBRL US shall not be deemed to accept or endorse the information or technology as meeting any standard of performance or quality or being fit for any particular use or purpose. XBRL US’s receipt or publication of such information or technology shall not give rise to any obligation on the part of XBRL US and, in particular, shall not be taken as an indication that XBRL US has conducted any evaluation or assessment of the information or technology.
If you nonetheless wish to submit to XBRL US information or technology that is subject to restrictions on its disclosure or use, you may contact XBRL US directly to discuss the possibility of entering into a written agreement that acknowledges and gives effect to such restrictions. Absent a written agreement signed by an authorized XBRL US senior executive, however, XBRL US shall not be deemed to have agreed to any restrictions on disclosure or use of information or technology you may submit while participating in the XBRL US GAAP Taxonomies Review.
You must be logged in to post a comment.