Media

Friday, October 1, 2021

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]

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]

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.

Wednesday, September 1, 2021

SEC Publishes Draft Taxonomies Including CEF and DEI

On September 1, 2021, the Securities and Exchange Commission (SEC) published draft taxonomies for a public comment and review period that will end November 1, 2021. The 2021 Q4 release draft updates the Closed-End Fund (CEF) from the previous version that was out for public review in April 2020. It also includes updates to the […more]

Monday, August 30, 2021

XBRL US Comments on SEC Regulatory Agenda

XBRL US commented on the Securities and Exchange Commission (SEC) Regulatory Flexibility Agenda. The XBRL US letter addressed specific items on the agenda including the Commission’s proposals on: Pay versus Performance, which calls for XBRL text-block and detailed tagging for certain executive compensation-related data, Filing Fee Disclosure and Payment Methods Modernization, which would require XBRL […more]