Media

Thursday, October 14, 2021

SEC Reopens Comment on Listing Stds for Recovery of Erroneously Awarded Compensation

The Securities and Exchange Commission today reopened the comment period for their rule proposal on Listing Standards for Recovery of Erroneously Awarded Compensation, which if finalized as proposed, would require issuers to establish and implement a policy for recovery of incentive-based compensation based on financial information required to be reported. The rule would require the […more]

SEC Filing Fee Disclosure & Payment Methods Modernization Final Rule Published

The Securities and Exchange Commission published the final rule for Filing Fee Disclosure and Payment Methods Modernization, a significant bill that will require Inline XBRL for, “…most fee-bearing forms, schedules and statements to provide that each filing’s calculation of filing fee tables, together with related explanatory notes to the filing fee tables, include all required […more]

Friday, October 1, 2021

SEC Announces EDGAR Next – Improving Filer Access & Account Management

The Securities and Exchange Commission (SEC) announced their plans for EDGAR Next – Improving Filer Access and Account Management. EDGAR Next involves a rule proposal for technical changes to how filers access the EDGAR System to make submissions and how filers manage individuals who make submissions on their behalf. The rule proposal is out for […more]

Congressional Budget Justification Transparency Act 2021

On September 24, 2021, President Biden signed the Congressional Budget Justification Transparency Act of 2021 which requires federal agencies to publicly post budget justification materials on a website. These materials are funding requests submitted to Congress that outline the funds needed to meet program goals, and include detailed financial (funding) information and textual justification information. […more]

Wednesday, September 29, 2021

SEC Proposes Structured Data (XML) for Proxy Votes by Registered IM

On September 29, 2021, the Securities and Exchange Commission (SEC) announced a rule proposal, Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers, for a 60-day public comment period. The proposal would amend Form N-PX to enhance the information reported and make it easier to […more]

Tuesday, September 28, 2021

Value Reporting Foundation (SASB) Publishes Final Taxonomy Release

Today, the Value Reporting Foundation (SASB) announced that they have completed the first release of their XBRL Taxonomy, and they have announced the formation of a Taxonomy Review Committee to assist in managing and governing the standards going forward. The final release incorporates technical recommendations submitted during a public review and comment period. Learn about: […more]

Monday, September 27, 2021

SEC Announces FASB Proposed Technical Improvements for 2022 SRT

Today the Securities and Exchange Commission (SEC) announced that the FASB has issued proposed technical and other confirming improvements for the 2022 SEC Reporting Taxonomy, along with related release notes and a proposed Technical Guide.  The FASB is requesting comments on the guide and taxonomy improvements. Comments should be submitted directly to the FASB. Download […more]

Tuesday, September 21, 2021

10 Years of Historical Machine-Readable FERC Data Now Available

Federal Energy Regulatory Commission (FERC) migrated data downloads are now available. The Forms’ data available for download  results from converting the data in historical filings originally submitted in Visual FoxPro (VFP), prior to October 1, 2021, to XBRL by applying the first XBRL taxonomy. The downloaded data is FERC staff’s best estimation of what the […more]

Thursday, September 9, 2021

FERC Notifies Filers that XBRL Submissions Can Begin Oct 1

The Federal Energy Regulatory Commission (FERC) notified filers that XBRL submissions can begin October 1, 2021, to meet the first FERC XBRL deadline of December 31 for Q3-2021 submissions. They also noted that starting October 1, issuers will no longer be able to submit a Visual FoxPro filing because only the XBRL submission platform will […more]

SEC Updates Interactive Data Test Suite

The Securities and Exchange Commission (SEC) announced that their Interactive Data Test Suite has been updated, and they are accepting comments related to the updates to the suite. Visit the Interactive Data Test Suite. See a summary of changes. Comments can be submitted to StructuredData@sec.gov indicating “Interactive Data Test Suite” in the subject field.