SEC planning for interactive financial data
08 Oct 2005
With the objective of making financial disclosure more useful and accessible to investors, the US Securities and Exchange Commission has issued a Request for Information (RFI) concerning interactive financial data.
The SEC said that "interactive data holds the promise of transforming the static, text-only documents companies file with the SEC into dynamic financial reports that can be quickly and easily accessed and analysed." The RFI seeks information from the software industry to assist the Commission's staff in identifying ways to receive, store, view, and analyse interactive financial data. Click for: