Edgar Online: Survey Indicates XBRL Growth Potential

Vicki Chan
01 Aug 2011

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The Securities and Exchange Commission should consider extending the financial data for which it mandates use of Extensible Business Reporting Language (XBRL), the data-tagging standard for financial filings, to include other data types already supported by the standard, based on end-user responses to a survey on data usage, say officials at company filings data provider Edgar Online.

The vendor surveyed 251 individuals—60 percent of whom are institutional investors, with the remaining 40

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