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

From the Federal Register

The latest for SEC Filers

News

Posted Friday, October 9, 2020

XBRL US Letter to SEC COO on SEC Proposal on Fee-Based Filing Pilot

The XBRL US Regulatory Modernization Working Group, led by chair John Truzzolino, sent a letter to the SEC COO Kenneth Johnson to make suggestions related to the establishment of a pilot program for the SEC proposal on Filing Fee Disclosures and Payments Modernization. Suggestions made include allowing vendors access to an EDGAR testing system prior […more]


News

Posted Wednesday, October 7, 2020

SEC Finalizes Amendments to Modernize Regulation S-K Items 101, 103, and 105

The Securities and Exchange Commission adopted amendments to modernize Regulation S-K Items 101, 103, and 105 which cover the description of business, legal proceedings, and risk factor disclosures with a goal to improve the readability of disclosure documents and discourage repetition and disclosure of information that is not material. The Commission opted against taking the […more]


Posted Monday, October 5, 2020

XBRL US Comments on SEC Proposal on Administration of EDGAR System

XBRL US submitted a comment letter to the SEC responding to their proposal, Administration of the EDGAR System. The proposal sought feedback on SEC actions that may be taken to promote the reliability and integrity of EDGAR submissions. They named triggering events that could result in SEC actions such as redacting information from a filing, removal […more]


News

Posted Friday, October 2, 2020

SEC Proposes Structured Data Disclosures for Alternative Trading Systems (ATS)

The Securities and Exchange Commission published a proposal rule: Regulation ATS for ATSs that Trade U.S. Government Securities, NMS Stock, and Other Securities; Regulation SCI for ATSs that Trade U.S. Treasury Securities and Agency Securities; and Electronic Corporate Bond and Municipal Securities Markets. The rule would require filers to submit forms ATS-G, ATS, and ATS-R […more]


Posted Friday, October 2, 2020

Newsletter for the Reporting Standard of Business and Government

September, 2020 College Of DuPage leads move to electronic financial reporting for Illinois community colleges. The forward-thinking college worked with XBRL US to prepare their own financial statements in XBRL format, using the CAFR Taxonomy, and plans to create a data repository containing electronic financials for other Illinois-based community colleges. Oakton Community College, based in […more]


Comment