To aid service providers and XBRL software providers, the FASB published Extensible Enumerations 2.0 Implementation Impact on Service Providers and XBRL Creation Software – Are You Ready? which addresses the implementation of Extensible Enumerations 2.0 in the 2021 US GAAP Taxonomy. Read the impact study.
The Securities and Exchange Commission (SEC) published a rule proposal, Administration of the Electronic Data Gathering, Analysis, and Retrieval System, which is out for a 30 day public review period which ends on October 17, 2020. The proposal would add new Rule 15 which would allow the Commission to take certain actions in administering the […more]
XBRL US submitted a letter to the Securities and Exchange Commission commenting on their request to the Office of Management and Budget (OMB) to extend their current data collection process for Form N-CEN. Form N-CEN is required to be reported by investment companies using a custom XML schema. Form N-CEN contains a limited amount of […more]
In this issue:
- Delta’s bad luck on investments
- Egg prices cracked, and Cal-Maine got fried
- On the rise: loan loss provisions
- Rolling up on toilet paper sales
- Looking at Q2 coronavirus disclosures
The proposal on Tailored Shareholder Reports, Treatment of Annual Prospectus Updates for Existing Investors, and Improved Fee and Risk Disclosure for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements addresses rule and form amendments to modernize the disclosure framework for open-end management investment companies. While this rule does not call for XBRL […more]
The Securities and Exchange Commission asked for an extension of their current data collection process for Form 6-K. While cover page tagging is required for Form 8-K, it is not required for Form 6-K. Comments are due in 30 days, by September 3, 2020. Read the data collection extension request.
The Securities and Exchange Commission published a rule proposal, Reporting Threshold for Investment Managers, which seeks comment on revising the disclosure requirement thresholds for investment managers filing form 13F data, which today is submitted in structured format, using a custom XML schema. This data would be more usable if it was prepared or converted to […more]
The DQC is holding a webinar on Wednesday, August 19 at 3 PM EDT to explain the new draft and finalized rules, and to review an in-depth analysis of recent trends in filer errors made in SEC submissions. Register for the free webinar.
Get serious about data quality. Become an XBRL US SEC Filer Member.
Analysts and investors gain from widespread availability of structured (XBRL) data. Find out how from: Adrien Cloutier, CFA, Global Director of Equity Data, Morningstar Pranav Ghai, CEO, Calcbench Diana Serbu, Head of Company Data Strategy and Management, Refinitiv (formerly Thomson Reuters)