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Friday, January 28, 2022

SEC Reopens Comment Period on Pay vs. Performance Proposal

The Securities and Exchange Commission (SEC) announced the reopening of the public comment period for the rule proposal on Pay Versus Performance. The proposal was officially published in the Federal Register with a public comment period close date of March 4, 2022. If finalized as proposed, the rule would amend the current executive compensation disclosure […more]

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Monday, January 24, 2022

XBRL US Comments on FERC Notice of Data Collection for Form 6/6-Q

XBRL US submitted a comment letter in response to a notice of information collection from the Federal Energy Regulatory Commission (FERC) regarding Forms 6 and 6-Q. Both forms are now required to be reported in XBRL format. The XBRL US letter expressed our support for the data collection in XBRL format. Read the letter: XBRL […more]

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Thursday, January 20, 2022

XBRL US Presents at OMB Grants Innovation Exchange

XBRL US was given an opportunity to present an XBRL Grants Case Study at the CFO Council Grants Community of Practice Innovation Exchange. During the program, hosted by the Office of Management and Budget, the XBRL US Standard Government Reporting Working Group, shared a case study on how grants reporting, including Single Audit, can be […more]

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Wednesday, December 22, 2021

XBRL US Comments on SEC Proposal Updated EDGAR Filing Requirements

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) regarding its proposed rule Updated EDGAR Filing Requirements, which aims to improve investor access to information in registration statements, periodic reports and other filings made with the Commission. The proposal includes a requirement for Inline XBRL for the filing of financial statements […more]

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Wednesday, December 15, 2021

SEC Proposes Share Repurchase Disclosure Modernization

The Securities and Exchange Commission (SEC) published a rule proposal  designed to modernize and improve disclosure about repurchases of an issuer’s equity securities on a new Form SR on purchases of equity securities for each day that it makes a share repurchase. Form SR would report any purchase made by or on behalf of the […more]

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SEC Proposes Money Market Reforms

The Securities and Exchange Commission (SEC) published a rule proposal  designed to reform money market disclosures which requires Form N-CR to be prepared in a custom XML data language. The Commission noted that they opted not to require Inline XBRL, “Due to the number of individual transactions that might be reported as Form N-CR data […more]

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SEC Proposes Rule 10b5-1 and Insider Trading

The Securities and Exchange Commission (SEC) published a proposal on Rule 10b5-1 and Insider Trading.  The proposed rule would require certain amendments to Exchange Act Rule 10b5-1(c ) (1) to address concerns about abuse of the rule and proposing new disclosure requirements regarding insider trading policies. As written, the rule would require an issuer to […more]

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Tuesday, December 14, 2021

XBRL US Comments on SEC Proposal on Enhanced Reporting of Proxy Votes

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) regarding its proposed rule Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers. The rule proposes that fund reporting of proxy votes on Form N-PX be enhanced by adding additional disclosures, and […more]

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Wednesday, December 8, 2021

MSRB Request for Input on ESG Practices in the Municipal Securities Market

The Municipal Securities Rulemaking Board (MSRB) published a Request for Information on Environmental, Social and Governance (ESG) Practices in the Municipal Securities Market. The Board seeks input on how best to enhance issuer protection, investor protection, and the overall fairness and efficiency of the municipal securities market in relation to: (1) the disclosure of information […more]

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Wednesday, December 1, 2021

XBRL US Comments on SEC’s EDGAR Next Modernization Program

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) regarding its proposed Potential Technical Changes to EDGAR Filer Access and Filer Account Management Processes, File Number S7-12-21. The proposed changes are designed to increase security around the EDGAR administration and filing submission processes. The letter was prepared by the XBRL US […more]


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