Wednesday, March 16. 2022
SEC Extends Interactive Data Rule, Seeks Comment
This collection of data is located mainly in registration statement and report exhibit provisions (both requiring interactive data) as indicated by Rule 405 of Regulation S-T, the rule that specifies how to submit and post interactive data. The exhibit provisions are in Item 601(b)(101) of Regulation S-K, F-10 under the Securities Act, and Forms 20-F, 40-F and 6-K under the Exchange Act.
In interactive data format, financial statement information may be downloaded directly into spreadsheets and evaluated in a number of ways using commercial software. The specified financial information will continue to be required to be submitted to the SEC in traditional format in accordance with current requirements.
The public may submit feedback on matters related to the extension, including:
- ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology;
- the accuracy of the agency’s estimate of the burden imposed by the collection of information;
- ways to enhance the quality, utility, and clarity of the information collected, and
- whether this proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility
The public may submit feedback on the extension until May 9, 2022. Written comments may be mailed to David Bottom, Director/Chief Information Officer, Securities and Exchange Commission, c/o John Pezzullo, 100 F Street, NE, Washington, DC 20549 or sent via email to: PRA_Mailbox@sec.gov.
The SEC will submit the existing collection of information to the Office of Management and Budget for extension and approval. The proposal will be published on the SEC’s website and in the Federal Register.
Source:
Extension: Interactive Data - Proposed Collection; Comment Request (sec.gov)