Tag Archive for 'Wall Street'

XBRL Data Tagging Standards Advance on Two Fronts

Updated: 8:30 a.m., Tuesday, Dec. 15

Government Transparency
Updates:
The House approved S. 303 by voice vote on Monday, Dec. 14. The bill text and debate are immediately below; the debate starts on page H14837. An easier-to-read version of S. 303 is also below. The most important part of the bill, about data standard requirements, is in xml [...]

Asset-Backed Securities: Disclosure Regulation or Substantive Legislation?

In addition to improving asset-backed securities disclosure (using XBRL perhaps?), SEC Chairman Mary Schapiro called for substantive ABS regulation in a speech Tuesday to SIFMA, the parent organization of the American Securitization Forum (link to colorful Michael Lewis description):

ABS Regulation
In one final example, I believe there may be gaps that should be filled in the [...]