• SEC Proposes Amendments Requiring Companies to use eXtensible Business Reporting Language, or XBRL
  • August 5, 2008 | Authors: John C. Kennedy; Lawrence G. Wee
  • Law Firm: Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
  • On May 30, 2008, the SEC published for public comment proposed amendments under the U.S. Securities Act of 1933 and the U.S. Securities Act of 1934 that would require companies to provide to the Securities and Exchange Commission financial statements in an interactive data format containing eXtensible Business Reporting Language ("XBRL").