Mandatory SEC filing Q2 2009.

So now the hard work really begins. The SEC’s decision today to require registrants (ie: companies with listed securities) to start filing their financial statements in XBRL format is pretty similar to the proposed rule announced in the middle of the year. As...

The SEC’s IDEA: What to do…

So far, I’ve attempted to suggest that the SEC’s new IDEA system will be the logical continuation of disclosure-based regulation, taking into account the capabilities of rather more modern technology than the “paper under glass” arrangements...

The SEC’s IDEA: Reading the tea leaves…

Yesterday, I said that the SEC is probably onto something with its IDEA announcement. They are moving, in a very public, very clear and pretty determined manner towards a new era for disclosure based regulation. It’s interesting to see the number of articles...