US SEC Chairman Chris Cox unveiled the SEC’s “futuristic information disclosure system for investors and markets” (FIDSIM) during a press conference at 11am ET (16:00 BST) on Tuesday.
FT Alphaville liveblogged the webcast, and tried out a new piece of kit (Cover It Live’s liveblogging software) in the process.
Click here to launch a replay the liveblog, which will open in a new window for geeky technical reasons with which I shall not bore you.
And just what was this FIDSIM? A new, XBRL-based platform called IDEA, short for Interactive Data Electronic Applications and the successor to Edgar.
Thanks to all those who joined in via the comments, and to Francine McKenna of Re: The Auditors and Dominic Jones of IR Web Report for their commentary.
Related links:
SEC OKs websites and blogs for Reg. FD - IR Web Report
SEC says to start speaking English, might even Twitter- FT Alphaville
SEC Announces EDGAR to be Succeeded by IDEA; Lutz Speaks on 21 Cen. Discl. Project – FEI Financial Reporting Blog
