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Legal Update

Securities Update - SEC Adopts Mandatory Use of Interactive Data for Financial Reporting

24 February 2009
Mayer Brown Legal Update
The US Securities and Exchange Commission has published its final rules on “Interactive Data to Improve Financial Reporting.” These rules require companies to provide their financial statements in interactive data format using the eXtensible Business Reporting Language in specified filings with the SEC, as well as on their corporate web sites.


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