Notice2025-05274
Proposed Collection; Comment Request; Extension: Interactive Data
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 27, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 58 (Thursday, March 27, 2025)</title>
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[Federal Register Volume 90, Number 58 (Thursday, March 27, 2025)]
[Notices]
[Page 13918]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05274]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0645]
Proposed Collection; Comment Request; Extension: Interactive Data
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
The ``Interactive Data'' collection of information requires issuers
filing registration statements under the Securities Act of 1933 (15
U.S.C. 77a et seq.) (``Securities Act'') and reports under the
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange
Act'') to submit specified financial information to the Commission in
interactive data format using eXtensible Business Reporting Language
(XBRL). This collection of information is located primarily in
registration statement and report exhibit provisions, which require
interactive data, and Rule 405 of Regulation S-T (17 CFR 232.405),
which specifies how to submit interactive data. The exhibit provisions
are in Item 601(b)(101) of Regulation S-K (17 CFR 229.601(b)(101)),
Form F-10 under the Securities Act (17 CFR 239.40), and Forms 20-F, 40-
F, and 6-K under the Exchange Act (17 CFR 249.220f, 17 CFR 249.240f,
and 17 CFR 249.306).
In interactive data format, financial statement information can be
downloaded directly into spreedsheets and analyzed in a variety of ways
using commercial off-the-shelf software. The specified financial
information already is and will continue to be required to be submitted
to the Commission in traditional format under existing requirements.
The purpose of the interactive data requirements is to make financial
information easier for investors to analyze and assist issuers in
automating regulatory filings and business information processing. We
estimate that 8,218 respondents per year will each submit an average of
4.5 reponses per year for an estimated total of 36,981 responses
annually. We further estimate an internal burden of 53.11111 hours per
response for a total internal burden of 1,964,102 hours (53.11111 hours
per response x 36,981 responses).
Written comments are invited on: (a) whether this proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the collection of information; (c) ways to
enhance the quality, utility, and clarity of the information collected;
and (d) ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication by May 27, 2025.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid OMB control number.
Please direct your written comment to Austin Gerig, Director/Chief
Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg,
100 F Street NE, Washington, DC 20549 or send an email to:
<a href="/cdn-cgi/l/email-protection#5b0b3a2b3e292c342930093e3f2e382f3234351a382f1b283e38753c342d"><span class="__cf_email__" data-cfemail="94c4f5e4f1e6e3fbe6ffc6f1f0e1f7e0fdfbfad5f7e0d4e7f1f7baf3fbe2">[email protected]</span></a>.
Dated: March 24, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-05274 Filed 3-26-25; 8:45 am]
BILLING CODE 8011-01-P
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