OMB understands that SEC is in the process of revising its methodologies to estimate annualized costs to the Federal government for all its relevant collections of information. OMB anticipates that future extensions of this OMB control number will reflect the revised methodologies.
Supporting statement updated during OMB review.
Inventory as of this Action
Requested
Previously Approved
09/30/2028
36 Months From Approved
09/30/2025
36,981
0
34,173
1,964,102
0
1,814,966
228,357,675
0
211,018,275
The Securities Act of 1933 (âSecurities Actâ) and Securities Exchange Act of 1934 (âExchange Actâ), in general, require companies to file financial information with the Securities and Exchange Commission (âCommissionâ) in registration statements when they publicly offer securities and in reports when they have securities publicly held, respectively. The âInteractive Dataâ collection of information requires issuers filing these registration statements and reports 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 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 (i.e., HyperText Markup Language (HTML)) 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. The interactive data can be used by investors and others interested in such information.
The increases in time burden of 149,136 hours and cost burden of $17,339,400 are due to an updated higher estimate of the number of respondents based on more recent information.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
2025 06 24_90 FR 26894_3235-0645_30-Day Submission Notice.pdf.pdf
Interactive Data