« Has Yahoo Been Behind the Door When Ads Handed Out? | Main | Skype Gets Banned. Who is Next? »

Latest Stories

September 25, 2006

SEC Goes (More) XBRL and Interactive

The SEC has announced it is going to really drive data modernization of the Edgar database. The main upshots: XBRL is becoming a required filing format standard, which I like (but can understand filer unhappiness with); and the SEC is contracting to add better data analysis tools, which I'm less keen on (because I stubbornly maintain that the private sector would have done it anyway).

Anyway, this is a very big deal. The market-changing impact of XBRL adoption remains one of the most poorly told stories in financial markets.

[Thanks John]


Sphere It   |  Digg this! Digg it   |  Bookmark this! Bookmark it   |  Stumble It! Stumble it