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Interactive Data Test Launched to Aid Investors

Interactive Data Test Launched to Aid Investors

The SEC is making bulk sets of company financial information submitted in the eXtensible Business Reporting Language (XBRL) available to investors, academic researchers, and other members of the public. The data is being collected from financial statements prepared in the computer-readable XBRL format and submitted via the EDGAR reporting system. The SEC said on December […]

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Small Companies May Get an Exemption from Interactive Data Rule

Small Companies May Get an Exemption from Interactive Data Rule

The SEC says small companies have more problems than bigger companies with its eXtensible Business Reporting Language (XBRL) reporting rule. If the trend doesn’t improve, the agency may ease the rule’s requirements for them. At the same time, regulatory officials believe large companies simply needed a few years to refine their XBRL reporting, and some […]

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In Comment Letters on Disclosure Reforms, Investor Groups Seek Rules on Sustainability Information

In Comment Letters on Disclosure Reforms, Investor Groups Seek Rules on Sustainability Information

Some activist investors want the SEC to use its review of its disclosure rules to write regulations calling for more information on environmental and social issues. Given the complexity of some of the issues, and the contentiousness around them, it’s not clear when the agency will be ready to satisfy the requests. Some activist investors […]

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Proposed Rule May Make It Easier to Raise Capital via Social Media

Proposed Rule May Make It Easier to Raise Capital via Social Media

The SEC is planning to implement a provision from last year’s JOBS Act to let businesses use the Internet, mobile technology, and social media to raise funds from investors via a process called crowdfunding. The move comes as lawmakers complain that the rule should have been finished at the beginning of the year. The SEC […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney