Regulatory Alerts2018-08-16 | 2018-14365Added
SEC Final Rule on Inline XBRL Filing of Tagged Data
The Securities and Exchange Commission adopted final rules requiring operating companies and investment funds to submit financial statement and risk/return summary information using Inline XBRL format. The amendments eliminate the previous requirement for filers to post Interactive Data Files on their websites and terminate the Commission's voluntary XBRL submission program. These changes aim to improve data quality and usability for investors while reducing the long-term costs associated with preparing and maintaining machine-readable financial reports.
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