Get the latest news and information about XBRL in the United States. We're also on Twitter with breaking news - twitter.com/xbrlus, and updated event listings - twitter.com/xbrlevents.

Updates by topic: 
SEC Reporting || Industries || Government || Using Data

Latest News

News
Friday, June 3, 2022

SEC Requests Input on Data Collection of Form N-MFP

The Securities and Exchange Commission (SEC) published to the Federal Register a notice of information collection for the Form N-MFP, the Monthly Report for Money Market Funds. Today this form, which details disclosure items related to portfolio holdings, is required to be reported in XML format. We believe that Form N-MFP which contains weekly facts […more]

News
Wednesday, May 25, 2022

SEC Proposed Enhanced ESG Disclosures by Investment Companies in Inline XBRL

The Securities and Exchange Commission (SEC) published a rule proposal on Enhanced Disclosures by Certain Investment Advisers and Investment Companies About ESG Investment Practices. As proposed, this rule would require registered investment advisers, certain advisers that are exempt from registration, registered investment companies, and business development companies, to provide additional information regarding their environmental, social, and […more]

News

SEC Proposes Rule on Investment Company Names

The Securities and Exchange Commission (SEC) published a rule proposal on Investment Company Names, which aims to address investment company names that are likely to mislead investors about an investment company’s investments and risks. The proposed amendments to this rule are designed to increase investor protection by improving and clarifying the requirement for certain funds to […more]

News
Tuesday, May 24, 2022

Federal Data Transparency Act Introduced to the Senate

On Tuesday, May 24, the Financial Data Transparency Act (FDTA) (S.4295) was referred to the Senate Committee on Banking, Housing, and Urban Affairs. The bill is sponsored by Senator Mark Warner (Democrat) and co-sponsored by Senator Mike Crapo (Republican). The FDTA legislation directs the Department of the Treasury, Securities and Exchange Commission, Federal Deposit Insurance […more]

News
Monday, May 9, 2022

XBRL US Comments on SEC Collection of Interactive Data

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their request on the proposed collection of interactive data. Key points made in the letter include: We support the continued use of XBRL for SEC data collection as machine-readable data is not only important for investors but it assists […more]

News

XBRL US Comment on SEC Cybersecurity Risk Management, Strategy, Governance & Incident Disclosure

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their request for comment on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. The XBRL US letter agreed with the proposed requirement that cybersecurity incident data and cybersecurity policies be provided in Inline XBRL format, both narrative and detail […more]

News
Wednesday, April 20, 2022

XBRL US Data Quality Committee Publishes 5 New Rules in 18th Draft Rule Set for US GAAP Filers

The XBRL US Data Quality Committee (DQC) has published its 18th Rule Set for a 45-day public review and comment period, which closes on May 30, 2022. The freely available DQC rules are developed through a collaborative process with stakeholders by exposing proposed guidance and validation rules for public comment. The Financial Accounting Standards Board […more]

News
Monday, April 11, 2022

XBRL US Comments on SEC Proposal to Modernize Beneficial Ownership Reporting

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their rule proposal on Modernization of Beneficial Ownership Reporting. In our letter, we agreed with the Commission plan to require Schedules 13D and 13G for beneficial ownership data, to be reported in structured format, however we urged the Commission […more]

News

XBRL US Comments on Cybersecurity Risk Management for Investment Advisers

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their rule proposal on Cybersecurity Risk Management for Investment Advisers, Registered Investment Companies, and Business Development Companies. In our letter, we agreed with the Commission proposal that cybersecurity incident data be reported in Inline XBRL format to increase the […more]

News

XBRL US Comments on Shortening the Securities Settlement Cycle

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to their rule proposal on Shortening the Securities Transaction Settlement Cycle. In our letter, we agreed with the Commission proposal that information submitted in the Annual Report of the central matching service provider (CMSP) be provided in Inline XBRL format, […more]


Comment