SEC Rulemaking & Updates

Public companies began complying with the rule, Interactive Data to Improve Financial Reporting, in 2009. Mutual funds were the first investment management companies with an interactive data rule requiring them to report in structured data format in 2009. Over time other fund types were also required to report in XBRL, including closed-end funds, variable annuities and insurance companies, as well as business develoment companies.

Access the latest rules in proposed and final form, and view the SEC agenda of rules published under the Regulatory Flexibility Act, on the SEC Rulemaking Activity page.

From the News from the SEC's Office of Structured Disclosure

• FASB Issues Proposed Updates for Future* Version of U.S. GAAP Financial Reporting Taxonomy Related to Proposed ASU on Accounting for Debt Exchanges - May 8, 2025
• 2025 XBRL Taxonomies Update - March 17, 2025
• Variable Insurance Product Data Sets - March 11, 2025
• Proposed Taxonomy Implementation Guides on Accounting Changes and Segments - February 4, 2025
• Updated Fund (FND) Taxonomy - February 4, 2025

From the Federal Register

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