From the News from the SEC's Office of Structured Disclosure

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Posted Tuesday, June 22, 2021

XBRL US Comments on SEC Collection of NRSRO Ratings Data

XBRL US submitted a comment letter in response to the Securities and Exchange Commission (SEC) extension of data collection of Rule 17g-7 regarding disclosure requirements for credit rating agencies (Nationally Recognized Statistical Rating Organizations (NRSRO)). Credit ratings agencies today are required to report ratings data in XBRL format. Our letter expressed support for the continuation […more]

Posted Tuesday, June 22, 2021

SEC Pilot for Implementation of Closed End Investment Company Rule

The Securities and Exchange Commission (SEC) announced that they will be conducting a pilot phase to implement their final rule, Securities Offering Reform for Closed-End Investment Companies. The pilot phase will start with the next major EDGAR system update in September 2021 for a 4 month period (ending January 31, 2022). The Closed-End Investment Company […more]

Event date - Wednesday, June 16, 2021

Member Event: DFIN – Navigating the Corporate ESG Journey

XBRL US Member, Donnelley Financial Solutions (DFIN) hosted a webinar on June 16, Navigating the Corporate ESG Journey: Strategies & Lessons Learned Featuring FIS Global, IR Magazine’s 2020 Best ESG Reporting Award Winner, featuring speakers: Andrew Ciafardini, Chief Sustainability Officer & Head of Global Public Policy, FIS Louis Coppola, Executive Vice President & Co-Founder, G&A […more]


Posted Tuesday, June 15, 2021

XBRL US Comments on SEC RFI on Climate Change Disclosures

XBRL US submitted a letter responding to the Securities and Exchange Commission (SEC) request for input on Climate Change Disclosures. Key recommendations made in the letter: The SEC should play a key role in the process of standardizing climate-related disclosures, to ensure that standards set globally are suited for U.S. listed companies, as many U.S. […more]

Posted Tuesday, June 1, 2021

Newsletter for the Reporting Standard of Business and Government

May, 2021 Financial Transparency Act (FTA) reintroduced to 117th Congress. This important bill, if passed, calls for eight financial regulatory agencies to require data standards for their reporting entities. The FTA was reintroduced on May 4, 2021, as H.R. 2989 by co-sponsors Carolyn Maloney (D-NY) and Patrick McHenry (R-NC). Agencies named in the bill include […more]