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SEC Proposes Amendments Requiring Companies to use eXtensible Business Reporting Language, or XBRL
July 22, 2008 Full PDF
On May 30, 2008, the SEC published for public comment proposed amendments under the U.S. Securities Act of 1933 and the U.S. Securities Act of 1934 that would require companies to provide to the Securities and Exchange Commission financial statements in an interactive data format containing eXtensible Business Reporting Language ("XBRL"). Comments on the proposed rules are due on August 1, 2008.