Publisher: Reuters Author: Nate Raymond The U.S. Securities and Exchange Commission's controversial use of in-house…
SEC© Press Release: December 30th 2014
The SEC© today announced the launch of a pilot program to facilitate investor analysis of corporate financial data and comparisons of public company financial statement data.
Under the new program, data that companies provide in structured formats will be combined and organized into structured data sets and posted for bulk downloads on the SEC’s website for use by investors and academics. The data sets initially will contain financial statement data from XBRL exhibits as filed with the SEC. They will be expanded in 2015 to include data in footnotes to the financial statements.
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