Monday, September 25, 2006

A major new announcement by the SEC has launched XBRL firmly into the mainstream. The US federal agency has awarded contracts totalling $54 million to renovate the EDGAR filing system, to accomodate Interactive Data, to finance the development of a new set of US XBRL taxonomies and to support the development of new and better implementation tools.Press Release: SEC to Rebuild Public Disclosure System to Make It "Interactive"; 2006-158; September 25, 2006

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