SEC

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XBRL US Comments on Modernisation of S-K

XBRL US has submitted a comment letter strongly recommending that the SEC adopts financial data standards for information affected by the Modernization of Regulation S-K proposals. As previously reported, the SEC recently submitted a proposal to amend regulation S-K, including various changes to disclosure requirements designed to improve the readability of disclosures, discourage repetition and discourage […]

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SECStructured DataUS

SEC Propose Structured Data for Fee Calculations

By Editor

On Friday 24 October the US Securities and Exchange Commission (SEC) published a new rule proposal aiming to ensure all required information for fee calculation is in structured format using Inline XBRL. The proposal would amend fee bearing forms, schedules and statements so that the fee table and explanatory footnotes for the fee table are […]

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BankingDisclosureSECUS

SEC Propose Update to Statistical Disclosures for Banks

By Editor

The US Securities and Exchange Commission (SEC) has proposed an update to the statistical disclosures provided by banks, savings and loan companies. The proposed update would replace Industry Guide 3, Statistical Disclosure by Bank Holding Companies, with the proposed disclosure rules moving to a new subpart of Regulation S-K. It should be noted that Guide […]

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DisclosureNon-FinancialSECUSA

What’s Missing from Regulation S-K?

By Editor

On August 8 the Securities and Exchange Commission (SEC) published a proposed amendment, the Modernization of Regulation S-K, which aims to revise and modernise Regulation S-K, which governs a host of non-financial disclosures by US registrants.

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disclosuresFAST ActSEC

SEC Clarifies FAST Act Cover Page Tagging

By Editor

Earlier this year the SEC introduced the FAST Act, which aimed to modernise and simplify disclosures with a number of measures including mandating Inline XBRL tagging for the cover sheets of key documents. This small but useful change introduces comparable, machine-readable index information, improving market access to data, even for documents that are not otherwise […]

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Big DataSECStandardisation

How to Deal With Big Data?

By Editor

The SEC’S Chief Economist and Director, S.P. Kothari, made a speech this summer highlighting how standardisation can help tackle the challenges presented by big data. While big data is certainly not a new concept, the digital era has accelerated data collection immensely, with some estimates indicating that the world now generates more data every two days than all of […]

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AIDataSECXBRL

SEC Digitisation Benefits Met with Optimism

By Editor

The SEC’s recently expanded requirements to report in Inline XBRL have been met with optimism, with the change being linked to increasing simplicity, improving data quality and use and enabling financial analysis. Craig Clay, president of global capital markets at Donnelley Financial Solutions, has highlighted how companies are looking to automate and streamline compliance reporting, […]

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ReportingSECUSA

Is Short-termism a Problem in the US?

By Editor

July 18 saw the SEC Staff Roundtable discussing short-termism in public companies and whether the periodic reporting system needs altering to encourage long-term thinking. SEC Chairman Jay Clayton made some salient remarks in his closing comments, highlighting how investment decisions both long and short term rely substantially on timely and high-quality disclosures. To move forward, […]

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Quarterly ReportingReportingSECShort-termism

SEC Roundtable on Short-Termism Coming Up

By Editor

The Securities and Exchange Commission (SEC) are hosting a roundtable on July 18 to hear from investors, issuers and others on the impact of short-termism on capital markets. An excessive focus on short-term results in corporate thinking could lead to inefficient capital markets, poor investment returns and economic instability – however, the cause of short-termism […]

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extensionsSECTaxonomy

SEC Analyse Extension Use

By Editor

The SEC have published a trend analysis of taxonomy extensions used in XBRL submissions, showing little change in the overall percentage of filers using extensions – around 18% – between 2017 and 2018. During the same time the number of accelerated filers using extensions did come down slightly, to be more in line with other […]

Items tagged with "SEC"

XBRL US Comments on Modernisation of S-K

SEC Propose Structured Data for Fee Calculations

SEC Propose Update to Statistical Disclosures for Banks

What’s Missing from Regulation S-K?

SEC Clarifies FAST Act Cover Page Tagging

How to Deal With Big Data?

SEC Digitisation Benefits Met with Optimism

Is Short-termism a Problem in the US?

SEC Roundtable on Short-Termism Coming Up

SEC Analyse Extension Use

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SEC

Items tagged with "SEC"

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