SEC Adopts Rule Establishing a Voluntary Program for Reporting Financial Information on Edgar Using XBRL

The U.S. Securities and Exchange Commission today issued a release adopting amendments to establish a voluntary program related to eXtensible Business Reporting Language (XBRL).

Registrants may voluntarily furnish XBRL data in an exhibit to specified EDGAR filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940. This program begins with the 2004 calendar year-end reporting season.

See press releases:

here,

here (Final rule),

here (Soliciting Comments on Benefits),

here (Proposed Rule), &

here (Concept Release).