Interactive Data 60 Day Federal Register Notice

SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request Copies Available From:
Securities and Exchange Commission
Office of FOIA Services
100 F Street, NE
Washington, DC 20549-2736
Extension: Interactive Data
SEC File No. 270-330, OMB Control No. 3235-0645
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.) and reports under the
Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) to submit specified financial
information to the Commission and post it on their corporate websites, if any, 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 and post interactive data. The exhibit provisions are in Item 601(b)(101) of
Regulation S-K (17 CFR 229.601(b)(101), 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).

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In interactive data format, financial statement information could 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 requirement is to make financial information easier for investors to analyze and assist
issuers in automating regulatory filings and business information processing. We estimate that
10,229 respondents per year will each submit an average of 4.5 reponses per year for an
estimated total of 46,031 responses. We further estimate an internal burden of 59 hours per
response for a total annual internal burden of 2,715,829 hours (59 hours per response x 46,031
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.
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 control number.

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Please direct your written comment to Charles Riddle, Acting Director/Chief Information
Officer, Securities and Exchange Commission, c/o Candace Kenner, 100 F Street, NE,
Washington, DC 20549 or send an e-mail to: [email protected].
signed by
EDUARDO Digitally
EDUARDO ALEMAN
2018.11.20
ALEMAN Date:
12:25:48 -05'00'

Eduardo A. Aleman
Assistant Secretary
November 20, 2018