Press Release: Mutual Fund Investors Could Get Access to "Comparison Shopping" Information; 2008-94; May 21, 2008

The SEC recently announced that the use of XBRL for submitting their filings would be required for Mutual Funds. According to Chairman Cox, whose announcement is included in video form in the following URL, which also has details of the press release, this will enable instant comparison of the mutual finds by investors and other interested parties. The announcement represents another significant advance forward for the use of XBRL. Press Release: Mutual Fund Investors Could Get Access to "Comparison Shopping" Information; 2008-94; May 21, 2008