Media

Monday, March 31, 2025

XBRL US Supports New York State S3456, Climate Corporate Data Accountability

XBRL US expressed our support for Senate Bill 3456, Climate Corporate Data Accountability, legislation introduced early this year, in a letter submitted to the bill’s sponsor, New York State Senator Brad Hoylman-Sigal. Our letter noted, “While many businesses have been voluntarily reporting GHG emissions and other climate information to investors for years, regulatory mandates raise […more]

Thursday, March 27, 2025

SEC Ends Defense of Climate Disclosure Rules

The Securities and Exchange Commission announced that it had voted to end its defense of the climate disclosure rules requiring regarding climate-related risks and greenhouse gas emissions. Read the Announcement.  

SEC RFI Published on Extension of Rule on Interactive Data

The Securities and Exchange Commission (SEC) published a Proposed Collection; Comment Request for an Extension of their rule on Interactive Data. Written comments are requested on the collection of data, accuracy of the agency’s burden estimate, ways to enhance the quality of the data, and ways to minimize the burden of the information collection. Comments […more]

Monday, March 24, 2025

SEC EDGAR Next Enrollment Begins

The Securities and Exchange Commission (SEC) published an email reminder about the start of EDGAR Next Enrollment. Filers should enroll on the dashboard of the new EDGAR Filer Management website on or before September 12, 2025 to avoid interruption in the ability to file. Enrollment ends December 19, 2025. Filers may continue filing on the […more]

Thursday, March 20, 2025

SEC Extends Investment Company Names Compliance Dates

The Securities and Exchange Commission (SEC) announced the extension of compliance dates for the final rule, Investment Company Names. The compliance date is extended from December 11, 2025, to June 11, 2026, for fund groups with net assets of $1 billion or more as of the end of their most recent fiscal year; and from […more]

Wednesday, March 19, 2025

XBRL US Comments on CARB Solicitation RE: California Climate Disclosure Legislation

XBRL US commented on the California Air Resources Board (CARB) solicitation on their implementation of California Climate Disclosure Legislation, Senate Bills 253 and 261, as amended by SB 219. The California Corporate Greenhouse Gas Reporting Program, authorized by Senate Bill (SB) 253 and sponsored by California State Senator Scott Wiener, is being developed by CARB […more]

Thursday, February 27, 2025

CSRD Omnibus Package of Proposed Rules on Sustainability & Financial Data

The European Commission (EC) announced the adoption of a new package of proposed rules on sustainability and financial data which aims to simplify EU rules and provide administrative relief. The package includes changes to Corporate Sustainability Resources Directive (CSRD) requirements to reduce the number of companies required to report, delay the timing of reporting, and […more]

Tuesday, February 11, 2025

Acting SEC Commissioner Requests Court Delay on Climate Rule; Commissioner Crenshaw Dissents

Acting Chair of the Securities and Exchange Commission (SEC) Mark Uyeda published a statement regarding the litigation surrounding the SEC rule, The Enhancement and Standardization of Climate-Related Disclosures for Investors. The Statement raises the concerns expressed about the rule in his own and in SEC Commissioner Pierce’s previous statements about the rule and notes, “These […more]

Tuesday, February 4, 2025

SEC EDGAR System Supports 2024Q3 Version of Fund (FND) Taxonomy

The Securities and Exchange Commission (SEC) announced that the Feb 3 interim release (25.0.1) of the EDGAR System now supports the 2024q3 version of the Fund (FND) taxonomy. This version of the FND taxonomy contains an update necessary for compatibility with the 2024Q3 version of the Open-End Fund (OEF) taxonomy so that filers can use […more]

Wednesday, January 29, 2025

FASB RFC: GAAP Taxonomy Improvements on Accounting Changes and Segments

The Financial Accounting Standards Board (FASB) published a request for comment on proposed GAAP Taxonomy Improvements related to accounting changes and segment reporting after adoption of Accounting Standards Update 2023-07.  The comment period for the proposed Guide on accounting changes ends on February 21, 2025. The comment period for the proposed Guide on segments ends […more]