Posted on Monday, December 3, 2018

XBRL US submitted a comment letter responding to the SEC proposal regarding Financial Disclosures about Guarantors and Issuers of Guaranteed Securities and Affiliates Whose Securities Collateralize a Registrant’s Securities. Points raised in the letter include:

  • Disclosures should be made in the same location by all companies.
  • Financial disclosures should all be provided in machine-readable format.
  • The additional cost of XBRL formatting in the SEC proposal will be minimal.

Read the letter: XBRL US Comment Letter RE Guaranteed Securities File Number S7-19-18

Read the SEC proposal.

 



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