The Securities and Exchange Commission final rule Administration of the Electronic Data Gathering, Analysis, and Retrieval System was published in the Federal Register. This new rule adopts new Regulation S-T which addresses actions the Commission may take to promote reliability and integrity of EDGAR submissions. The XBRL US Regulatory Modernization Working Group submitted a comment letter related to this rule; some of our suggestions were referenced in the final rule. Key provisions of the rule include:
- Redact, remove, or prevent dissemination of personally identifiable information that if released may result in financial or personal harm to an individual (“Sensitive PII”);
- Prevent submissions that pose a cybersecurity threat;
- Correct system or Commission staff errors;
- Remove or prevent dissemination of submissions made under an incorrect EDGAR identifier;
- Prevent the ability to make submissions when there are disputes over the authority to use EDGAR access codes;
- Prevent acceptance or dissemination of an attempted submission that it has reason to believe may be misleading or manipulative while evaluating the circumstances surrounding the submission, and allow acceptance or dissemination if its concerns are satisfactorily addressed;
- Prevent an unauthorized submission or otherwise remove a filer’s access; and
- Remedy similar administrative issues relating to submissions.
Read the final SEC rule.
Read the XBRL US letter.
Upcoming XBRL US Events
2026 Data Summit presented by the Data Foundation
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
