XBRL US has submitted a comment letter responding to the SEC request for comment on the Proposed Collection of Interactive Data. Key points made in the letter:
- Access to interactive data enhances the Commission’s ability to monitor companies and perform analysis
- Reduces the cost of analysis for investors and analysts
- Streamlines and improves efficiencies (reduces cost) in data processing
Read the XBRL US letter: XBRL US Comment Letter RE Proposed Collection of Interactive Data 1-25-2019