The SEC's new chairman is a tech head
Twin moves on the technology front late in 2005 were warning shots for any company filing with the SEC. In fact, they’ll have profound effects throughout the securities markets. In October 2005 the SEC called for an update on the state of XBRL handling mechanisms. XBRL is a software language that makes every number in a document easily identifiable. Unlike a paper document or even an electronic PDF, XBRL lets you find, compare and analyze information at computer speeds. The SEC
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