US Investment Company Institute announces XBRL initiative

US Investment Company Institute announces XBRL initiative

March 20, 2006


US Investment Company Institute President Paul Schott Stevens announced an initiative to adapt XBRL to disseminate financial data for use in mutual fund disclosure. "We hope to lay the groundwork for providing interactive mutual fund data that will serve the needs of investors and other interested parties," he said. (Summary, full text)

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