SEC round-tables on financial reporting on the Internet
10 Mar 2006
The US Securities and Exchange Commission will hold a series of round-tables focused on speeding the implementation of new Internet tools to help provide investors and analysts with better financial information about companies and funds.
The SEC notes that "today, even computer-based financial information is generally presented in the form of entire pages of data that can't easily be separated." Representatives from investors, issuers, auditors, analysts, technology professionals, regulators, and others will be invited to the roundtable discussions. Topics to be addressed will include:
- what investors and analysts are looking for in the new world of interactive data;
- how to accelerate the use of new software that permits the dissemination of interactive financial data; and
- how to best design the SEC's requirements for company disclosures to take maximum advantage of the potential of interactive data.