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 US comment letter makes the following recommendations:
- Adopt rules proposed by the Commission to require XBRL tagging for:
- BDC disclosures
- Checkboxes on Form N-2
- Prospectus
- In addition, require XBRL tagging for:
- Registration fees on Form N-2
- Registration fee calculation data reported on Form 24F-2
- Revisit the ruling on Forms N-CEN and N-PORT which mandates the use of a custom XML schema, and require that these forms be prepared using XBRL
Read the letter: XBRL US Response to SEC RFC on Closed End Investment Companies File No. S7-03-19
Read the SEC proposal.
Upcoming XBRL US Events
Standard Government Reporting Work Group Meeting
2026 Data Summit
Reporting Modernization Work Group Meeting
Domain Steering Committee Meeting
Structured Data Case Studies: Unlocking the Power of XBRL for Next-Generation Financial Analysis
Public Review for Version 30 of DQC Rules
Standard Government Reporting Work Group Meeting
Center for Data Quality Committee Meeting
