XBRL US Comment to SEC Fixed Income Market Structure Advisory Committee

The Securities and Exchange Commission’ Fixed Income Market Structure Advisory Committee held a meeting on July 29, 2019 during which municipal issuer disclosures was addressed, among other topics. XBRL US submitted a comment letter to the Committee, recommending the use of data standards to increase transparency and improve efficiencies in the municipal securities markets. Highlights […more]


Investor Forum 2019: Driving Actionable Analytics

1:00 PM ET Monday, November 4, 2019
XBRL US Meeting || Newman Vertical Campus Conference Center hosted by Baruch College

Featured Keynote: FASB Chairman Russell G. Golden
Find out how data standards are disrupting the information ecosystem, how they can be leveraged, and where they’re heading.

Seating at this complimentary event is limited and advanced registration is required.


SEC Chief Economist S.P. Kothari Speech on Big Data

S.P. Kothari, Chief Economist and Director, Division of Economic and Risk Analysis, at the Securities and Exchange Commission gave a speech on July 13 at the National Bureau of Economic Research (NBER) conference on big data and high-performance computing, where he referenced the value of structured data and the Legal Entity Identifier. Highlights from his […more]


SEC Roundtable on Short-Term/Long-Term Periodic Reporting & Regulatory Requirements

The Securities and Exchange Commission announced their plan to host a roundtable on Short-Term / Long-Term Management of Public Companies, Our Periodic Reporting System and Regulatory Requirements. This event will be held on July 18 at 12:30 ET and the public is invited to attend (it will be held at SEC offices at 100 F […more]


SEC Analysis of Extensions in XBRL Submissions

The SEC posted an analysis of extensions used in XBRL submissions. While there is little change in the overall rate for filers from 2017 to 2018 (hovering around 18%), accelerated filers use of extensions has come down slightly versus prior period, and is now more inline with other filers at 18%. Read the release.


SEC Publishes Concept Release to Harmonize Exempt Offerings

The SEC published a concept release on ways to ways to simplify, harmonize, and improve the exempt offering framework to expand investment opportunities while maintaining appropriate investor protections and to promote capital formation. One of the goals of the Commission is to facilitate a company’s ability to transition from one offering to another or to […more]


XBRL US Comments on SEC Proposal: Securities Offering Reform for Closed-End Investment Companies

XBRL US submitted a comment letter to the SEC concerning their proposal for Securities Offering Reform for Closed-End Investment Companies. This proposal, if passed as currently written, will require the use of Inline XBRL for financial data submitted to the Commission by Business Development Companies, for prospectus’ and for data on certain forms. The XBRL […more]


SEC Upgrades EDGAR to Release 19.2, Publishes DEI Taxonomy

On June 10, 2019, the SEC upgraded the EDGAR System to Release 19.2 to support the 2019 Document and Entity Information (DEI) Taxonomy which now contains new elements to facilitate compliance with cover page tagging of Forms 10-K, 10-Q, 8-K, 20-F and 40-F. Read the release.  


Data Quality Committee Joint Meeting with SEC Staff

1:00 PM EDT Tuesday, April 23, 2019
XBRL US Meeting

The XBRL US Data Quality Committee meets periodically with the staff of the SEC to discuss issues relating to the use of XBRL data. The purpose of the following highlights is to summarize the issues discussed at the meetings. These highlights do not represent official positions of the XBRL US Data Quality Committee. In addition, […more]


SEC EDGAR Filer Manual (EFM) Draft Release Posted

The SEC published the draft EDGAR Filer Manual which includes the following XBRL-related topics: Filers will be able to include cover tags within any Inline XBRL document set for submission forms that permit Inline XBRL. EDGAR will warn filers if any required cover tags are missing, nil, or empty in 10-K, 10-K/A, 10-KT, 10-KT/A, 10-Q, […more]