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.
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XBRL US submitted a comment letter to the Federal Housing Finance Agency (FHFA) in response to their Regulatory Review; Request for Comment. Among other areas, the FHFA RFC sought input on legal and marketplace developments that may have rendered current regulations outmoded or inefficient. They also sought feedback on alternative methods to meet various regulatory […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to the Draft Open-End Fund Taxonomy and supporting materials which included a draft Taxonomy Guide and Sample Filings. The XBRL US letter, which was prepared by a broad group of XBRL US members that support the majority of SEC filers, […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to the rule proposal on Cybersecurity Risk Management Rule for Broker-Dealers, Clearing Agencies, Major Security-Based Swap Participants, the Municipal Securities Rulemaking Board, National Securities Associations, National Securities Exchanges, Security-Based Swap Data Repositories, Security-Based Swap Dealers, and Transfer Agents. The XBRL […more]
XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to the rule proposal on Electronic Submission of Certain Material Under the Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report. The letter expressed XBRL US’ support for the Commission’s proposal to require documents to be filed electronically and […more]
The Securities and Exchange Commission (SEC) published the draft Open-End Fund Taxonomy and taxonomy guide for public review. Files are available at https://www.sec.gov/structureddata/dera_taxonomies. Sample filings using the draft OEF taxonomy can be found at https://xbrl.sec.gov/oef/2023/oef23-samples-2023-05-02.zip. Comments must be received by June 5, 2023.
The Financial Accounting Standards Board (FASB) staff have issued for comment proposed GAAP Taxonomy Improvements for an Update on Stock Compensation (Topic 718): Scope Application of Profits Interest Awards. Read the Release Notes. The comment period on the proposed GAAP Taxonomy Improvements for the proposed Update ends on July 10, 2023. Interested parties may provide […more]
The Securities and Exchange Commission (SEC) reopened the comment period for the rule proposal, Modernization of Beneficial Ownership Reporting. The Commission is reopening the comment period to allow interested persons an opportunity to comment on the additional analysis and data contained in a staff memorandum that was added to the public comment file on April […more]
The Securities and Exchange Commission (SEC) published a final rule proposal on Amendments to Modernize Share Repurchase Disclosure. The requirements require tabular disclosure of repurchase activity aggregated on a daily basis, and disclosed either quarterly or semi-annually. Structured data requirements are stated in the rule as follows: We are adopting, as proposed, final amendments to […more]
XBRL US submitted a comment letter to the General Services Administration (GSA) regarding a Request for Information on the Federal Integrated Business Framework (FIBF) Information Management Toolset. The FIBF Framework is part of the implementation of the Grants Reporting Efficiency and Transparency (GREAT) Act which aims to bring data standards into the grants reporting process […more]
The Securities and Exchange Commission announced that they will be holding an open meeting on May 3, 2023, at 10 AM ET to address: Whether to adopt rule amendments that modernize and improve disclosure about repurchases of an issuer’s equity securities that are registered under the Securities Exchange Act of 1934, including requiring issuers to […more]
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