The XBRL US Regulatory Modernization Working Group submitted a comment letter in response to the Securities and Exchange Commission proposed rule, EDGAR Filer Access and Account Management, also known as “EDGAR Next”. The letter addressed questions posed in the SEC proposal and raised specific concerns about:
1) the need for additional API functionality to keep administrators and users apprised and to limit loss of information when tokens expire;
2) complex protocols introduced by EDGAR Next that could create barriers to timely submission; and,
3) the need for training and transition timing appropriate for registrants and application developers to make the transition.
Read the letter: XBRL US Comment_11_21_2023_EDGAR Next File Number S7-15-23
